20 Real Estate Companies showcase their products in London

Twenty (20) Ghanaian real estate companies have taken part in a two-day Housing Exhibition in London to showcase their latest housing designs being constructed in various parts of Ghana. The models on display cater for all categories of clients, from the executive types to the simple moderately priced houses for the lower income brackets.

Present at the exhibition were Mr Isaac Osei, Ghana’s High Commissioner to the UK who officially opened the exhibition, Mr Nii Ayite Boafo, a Presidential Aide; Mr Kwabena Baah-Duodu, Deputy High Commissioner; Mr Sam Antwi, Chief Executive of Regalon Estate who organised the Exhibition; Mr William Opare, Chief Executive of Ghana Real Estate Development Association, executives of the association, officials of the High Commission and a cross section of Ghanaians living in the UK.

Opening the exhibition, Mr Isaac Osei commended Regalon International for the initiative and for instituting the exhibition as an annual affair to market the housing industry in Ghana.

He said the involvement of the Government in the exhibition demonstrated the importance it attached to housing development in particular and the housing industry as a whole.

To accelerate housing delivery and safeguard home-buyers’ interests, Mr Osei announced that the Government would facilitate the construction of 20,000 and 90,000 housing units for rental and ownership respectively.

Towards this end, Mr Osei stated the Government would step up its facilitation role with emphasis on land acquisition and provision of basic infrastructure facilities to support the development.

High Commissioner Osei urged Ghanaians abroad to work hard and save sufficient funds to purchase houses as a demonstration of their investment in the growing housing sector.

On problems such as land acquisition, funds, road, infrastructure and utilities plaguing the sector, Mr Osei said the Government is taking measures to address them.

Companies which took part in the well-attended Housing Exhibition, the second to be held in London by the Ghanaian-owned Regalon International based in London are Regimanuel Gray, Damax Construction, Devtraco, Manet Housing, Emmarcarlton Estates Ltd, State Housing Construction, African Concrete Products (ACP), Tempo Estates, WDP Estates, Coastal Estates, Bonsu Brothers Group, Medium Dwelling Company, Taysec Construction, Akuaba Estates, Tekoa Estates/Kemprust Ventures Ltd., Tracoaf Estates and Emefs Construction.

Other Allied Services companies such as the Home Finance Company, Unity Link Money Transfer, Ghana International Bank, Engineering Maintenance Ltd of Sierra Leone, Ankamah Gunn and Co. a housing and legal firm also participated in the exhibition.

The African Concrete Products (ACP) was adjudged the best exhibitor during the exhibition with Manet Housing and Regimanuel Gray taking the second and third places respectively. They were presented with engraved plaques of recognition at a late evening reception, following the closing.