BY GERTRUDE MAJYAMBERE of The New Times"With of 25,000 units needed annually to address the housing problem countrywide, international real estate developers are rushing to Kigali to invest in the housing sector.
Global Village Investments, an Irish based company targeting the high end market is to build houses estimated at between Frw80 million and above.
Global Village Investments, an Irish based company targeting the high end market is to build houses estimated at between Frw80 million and above.
The firm is targeting expatriates, corporate companies and Rwandans with deeper pockets, Claire Akamanzi, deputy director general Rwanda Investment and Export Promotion Agency told The New Times.
To start with, the company is to invest $1.5 million (about Frw810.5 m) in six houses, which may be ready for buyers by June this year."
Complete article at "Housing shortage: Real estate construction firms rush to exploit Kigali City market"
Category: Rwanda + Housing + Investment
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