IDEAS home Printed from https://ideas.repec.org/a/afj/journ2/v17y2020i2p14-15.html
   My bibliography  Save this article

Financing Affordable Housing Through Real Estate Investment Trusts in Africa

Author

Listed:
  • Daniel Thuo Ndung’u
  • Samuel O. Onyuma

    (Laikipia University)

Abstract

Ensuring affordable housing is a strategic importance issue for development equality and social peace in developing nations. This article discusses how Real Estate Investment Trusts (REITs) can assist governments achieve their development strategy of achieving affordable housing programs in Africa. The article argues that African governments should facilitate the issuance of state-backed REITs through the respective capital markets where prospective investors can invest in such financial products and start the journey towards owning a house. Boosting affordable housing programs require African countries to incentivize the private sector to experiment with various affordable housing tailored REITs to ensure their effectiveness and also stimulate capital markets investments. Further deepening of the REITs market by African states will also broaden the capital markets thus enabling the tapping of such markets to raise capital for affordable housing.

Suggested Citation

  • Daniel Thuo Ndung’u & Samuel O. Onyuma, 2020. "Financing Affordable Housing Through Real Estate Investment Trusts in Africa," Africagrowth Agenda, Africagrowth Institute, vol. 17(2), pages 14-15.
    • Handle: RePEc:afj:journ2:v:17:y:2020:i:2:p:14-15
    as

    Download full text from publisher

    File URL: https://journals.co.za/content/journal/10520/EJC-1f02531c3e
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afj:journ2:v:17:y:2020:i:2:p:14-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk De Doncker (email available below). General contact details of provider: https://edirc.repec.org/data/afrgrza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.