logoBC
Yaoundé - 25 April 2024 -
Property

Investment in real estate in Yaoundé and Douala offers a rate of return of 7.5 to 10%, according to consultancy firm Knight Frank

Investment in real estate in Yaoundé and Douala offers a rate of return of 7.5 to 10%, according to consultancy firm Knight Frank
  • Comments   -   Thursday, 13 April 2017 06:35

(Business in Cameroon) - An economic operator who invests in property in Douala, the Cameroonian economic capital, should expect that this investment obtains an average rate of return of almost 9%, irrespective of the property type. In real terms, the British consultancy Knight Frank, which has just published a report on the subject, reveals that in this city office rents obtain a rate of return of 10%, against 8.75 and 7.5% for commercial and residential rents.

In Yaoundé, the capital of the country, investments in real estate offer the same rates of return with a slight advantage for commercial rents, whose rate of return is 9%, against 8.75% in the city of Douala. According to Knight Frank, a multinational specialised in the sale, rental, wealth management of properties and consulting, in the office real estate segment, the most profitable cities in Africa are Antananarivo (Madagascar) and Luanda (Angola), which each offer a rate of return of 14%, as well as Bamako (Mali), Lilongwe and Kinshasa (12% for each of these cities).

In the commercial property segment, Antananarivo is once again on top of the ranking with a return rate of 13%, ahead of Luanda, Bamako, Kinshasa and Kampala (12% for each of these cities).

In the residential property segment, it is Kinshasa and Antananarivo which occupy the first place, with return rates of 12% each, ahead of Luanda (11%), Bamako (10%), and Lusaka (10%).

Brice R. Mbodiam

cameroon-s-red-cocoa-nears-labeling-as-oapi-awaits-coloration-analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
cameroon-poultry-expo-revives-focus-on-industry-transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
beac-s-bond-auction-meets-success-in-inflation-combat-efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
cameroun-delays-bond-sale-amid-regional-market-strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »