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The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent

Africa has begun to show tremendous socio-economic development and gradually improving market conditions. As a result, Africa's perceived attractiveness has improved as new investment frontiers are sought. It has become crucial that current and future economic and market growth needs can be met by i...

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Main Author: Mahlaole, Tahane
Other Authors: Viruly, Francois
Format: Thesis
Language:English
Published: Research of GSB 2017
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access_status_str Open Access
author Mahlaole, Tahane
author2 Viruly, Francois
author_browse Mahlaole, Tahane
Viruly, Francois
author_facet Viruly, Francois
Mahlaole, Tahane
author_sort Mahlaole, Tahane
collection Thesis
description Africa has begun to show tremendous socio-economic development and gradually improving market conditions. As a result, Africa's perceived attractiveness has improved as new investment frontiers are sought. It has become crucial that current and future economic and market growth needs can be met by infrastructure and real estate development. In order for the various real estate markets to develop further, they would need to attract a significant amount of capital expenditure, of which a portion may come from institutional investors. In order to achieve this, Africa needs to ensure that the desired investment environment is stimulated in the real estate market so as to redirect some of the capital flows into improving and increasing current and future real estate stock on the continent. This dissertation focuses on real estate in Africa by assessing the nature of the relationship between the maturity of real estate markets and foreign direct investments. It does so by assessing the investment decisions of South African real estate investors with exposure in the rest of the continent. The research findings seek to provide insight into the nature of the relationship and further assess its level of importance for South African real estate investors. Key findings were that maturity of real estate markets correlated poorly with investment activities and investors priorities when making investment decisions. However, maturity is a factor in real estate investment decisions. The aim was to assess the minimum level of maturity that was required for South African investors before entering a market; however, it became clear that mature markets or very immature markets are not necessarily what investors seek. An element of the risk/return profile is influenced by the maturity of markets: the less mature markets have the greater level of risk and the more mature markets have very little risk in comparison.
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id oai:open.uct.ac.za:11427/25335
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:43:33.987Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2017
publishDateRange 2017
publishDateSort 2017
publisher Research of GSB
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/25335 The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent Mahlaole, Tahane Viruly, Francois Development Finance Africa has begun to show tremendous socio-economic development and gradually improving market conditions. As a result, Africa's perceived attractiveness has improved as new investment frontiers are sought. It has become crucial that current and future economic and market growth needs can be met by infrastructure and real estate development. In order for the various real estate markets to develop further, they would need to attract a significant amount of capital expenditure, of which a portion may come from institutional investors. In order to achieve this, Africa needs to ensure that the desired investment environment is stimulated in the real estate market so as to redirect some of the capital flows into improving and increasing current and future real estate stock on the continent. This dissertation focuses on real estate in Africa by assessing the nature of the relationship between the maturity of real estate markets and foreign direct investments. It does so by assessing the investment decisions of South African real estate investors with exposure in the rest of the continent. The research findings seek to provide insight into the nature of the relationship and further assess its level of importance for South African real estate investors. Key findings were that maturity of real estate markets correlated poorly with investment activities and investors priorities when making investment decisions. However, maturity is a factor in real estate investment decisions. The aim was to assess the minimum level of maturity that was required for South African investors before entering a market; however, it became clear that mature markets or very immature markets are not necessarily what investors seek. An element of the risk/return profile is influenced by the maturity of markets: the less mature markets have the greater level of risk and the more mature markets have very little risk in comparison. 2017-09-23T06:21:53Z 2017-09-23T06:21:53Z 2017 Master Thesis Masters MCom http://hdl.handle.net/11427/25335 eng application/pdf Research of GSB Faculty of Commerce University of Cape Town
spellingShingle Development Finance
Mahlaole, Tahane
The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
thesis_degree_str Master's
title The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
title_full The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
title_fullStr The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
title_full_unstemmed The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
title_short The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent
title_sort relationship between foreign direct investment and the maturity of the real estate market an assessment of investment activities of south african real estate companies with exposure on the african continent
topic Development Finance
url http://hdl.handle.net/11427/25335
work_keys_str_mv AT mahlaoletahane therelationshipbetweenforeigndirectinvestmentandthematurityoftherealestatemarketanassessmentofinvestmentactivitiesofsouthafricanrealestatecompanieswithexposureontheafricancontinent
AT mahlaoletahane relationshipbetweenforeigndirectinvestmentandthematurityoftherealestatemarketanassessmentofinvestmentactivitiesofsouthafricanrealestatecompanieswithexposureontheafricancontinent