The Real Estate Development (RED) Summit Sub-Saharan Africa took place at the Sandton Convention Centre in Johannesburg on 25 and 26 July 2019. The 6th edition event was hosted by GBB Venture and welcomed over 40 sponsors, 60 partners and more than 200 attendees which included 18 renowned speakers, such as Andrew Mclachlan of the Radisson Hotel Group and Malcom Horne of Broll Property Group. All in all, the event boasted 500+ minutes of networking and knowledge sharing between real estate professionals.
The event acted as a hub for various investors, project holders and solution providers and, aside from sharing industry knowledge with one another, was also aimed at aiding the revival of connections, the convergence of ideas and the process of finding conducive pragmatic solutions to the challenges faced by the real estate sector, both locally and globally.
The sub-Saharan Africa region is demonstrating increased stability, leading to a growing appetite from offshore investors for real estate asset exposure in the market. As a result, all real estate professionals need to band together to remedy the issues that are preventing the African real estate industry from reaching its full potential. With this in mind, the main focus areas of the summit were discussing the challenges of financial planning, project execution and implementation of sustainable measures, as well as putting forth suggestions on how these areas of difficulty can be improved going forward.
The event was a great success and helped to initiate over 500 face-to-face meetings, which had delegates participating in extensive personalised interactions to help them collaborate and understand the requirements of the project holders. Fadzai Nzuma, CFO of Dumfard Property Developers, was one of the attendees and had the following to say about the experience:
“Attending the GBB Summit is an eye-opener for better networking and business opportunities in the real estate and hospitality sector. We had focused meetings with the decision makers and look forward to participating in future GBB Summits.”
Please contact GBB Venture via https://www.gbbventure.com/.