Reall are innovators and investors in affordable housing, demonstrating commercially viable, climate-smart housing that aims to improve the life chances of 100 million people across urban Africa and Asia. Hear about our pioneering, commercially viable $10k house in Abuja, Nigeria, where we have delivered quality sub-$10K housing. The Centre for Affordable Housing Finance (CAHF) named this the most affordable housing from a private sector developer in Africa in 2019.
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Patrick Domingos Tembwa, Director of Investment & Operations, at Reall says:
“There is currently a housing deficit of 50 million in Africa. Reall’s affordable housing model and brokering work can help to solve the urbanisation crisis.
Our Nigeria project built 1-bedroom, 32sqm homes with a sales price of $8,040, complete with land and services. In Mozambique, we’ve developed resilient and affordable homes that withstood the devastation of Cyclone Idai with minimal damage.
For the first time in Mozambique, Reall were able to broker commercial mortgage finance for people on low incomes.
Reall have over 30 years of expertise in the global affordable housing ecosystem. As thought leaders and pioneers we’ll be sharing our hands-on experience and insights across key African housing markets at AUHF.
All times in Central Africa Time (CAT)| South Africa Standard Time (SAST)
Private sector innovation in affordable housing projects across Africa |
AfDB alternative financial solutions pre and post-COVID |
Patrick Domingos-Tembwa Director of Investment and Operations |
Dr Andrew Jones Research and Policy Manager |
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Social impact investment in housing |
A deep dive into housing investment data:Â The data agenda for Africa (with CAHF) |
Louisa Waddingham Head of Operations – Africa |
Ben Atkinson Research, Evidence & Learning Manager |
Register now for a FREE access pass to AUHF
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The ribbon-cutting ceremony was attended by Reall’s Director of Investment and Operations Patrick Domingos-Tembwa, Mayor of Beira Daviz Simango and Casa Real Director Marie Odile. The celebration was particularly poignant as these homes managed to withstand the destruction of Cyclone…
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