In Summary
- By the end of 2025, Africa’s real estate market is projected to reach $17.64 trillion, with the residential segment dominating at $14.87 trillion.
- As Africa’s most populous country, Nigeria’s real estate market is expected to be worth $2.61 trillion, with residential real estate making up about $2.5 trillion.
- The real estate market in Africa is expected to grow at an annual rate of 5.58% from 2024 to 2029, according to reports by real estate experts.
Deep Dive!!
Like many sectors on the continent, the real estate sector in Africa is experiencing significant growth. The growth is widely driven by rapid urbanization, infrastructural development, and an increasing demand for residential and commercial properties.
As a result, several private companies have emerged as leaders in this dynamic market, offering diverse services and contributing to the continent’s economic development. These private companies are doing a lot to reshape the continent’s architectural and economic landscape—especially in curbing the housing deficit.
According to the World Bank, Africa needs over $1.4 trillion to build a minimum of 51 million housing units in order to match the current demand deficit. To achieve this, governments continued to create policies for private real estate companies to thrive. Here’s a rundown of Africa’s top 10 largest real estate companies in 2025, based on project scale, impact, investment volume, and regional presence.
10. Broll Property Group—Johannesburg, South Africa
Broll Property Group was established in 1975. The company is a leading real estate services company in Africa with a presence in multiple countries, including Ghana, Nigeria, Kenya, and Mozambique. They offer services such as property management, facilities management, and leasing. Over time, Broll has built a strong reputation for delivering comprehensive property solutions across the continent.
9. Grit Real Estate Income Group—Grand Baie, Mauritius
Grit Real Estate Income Group is a pan-African real estate company listed on the London Stock Exchange and the Stock Exchange of Mauritius. Founded in 2014, Grit focuses on acquiring and managing income-producing real estate assets across Africa, including retail, office, and hospitality properties. The company’s portfolio spans several countries, emphasizing sustainable and long-term investments.
8. Shelter Afrique—Nairobi, Kenya
Shelter Afrique is a pan-African finance institution dedicated to supporting the development of the housing and real estate sectors in Africa. Since its establishment in 1982, the company has financed numerous housing projects, contributing to affordable housing solutions across the continent. Shelter Afrique collaborates with governments and other private sector partners to address the housing deficit in Africa.
7. Gateway Real Estate Africa—Grand Baie, Mauritius
Gateway Real Estate Africa specializes in the development of turnkey real estate solutions for multinational corporations and retailers expanding in Africa. The company focuses on delivering high-quality commercial and industrial properties, contributing to economic growth and infrastructure development in various African countries.
6. AMS Africa—Casablanca, Morocco
AMS Africa is a real estate investment company with operations across North and Sub-Saharan Africa. The company engages in property development, asset management, and advisory services, aiming to create value through strategic investments in the real estate sector. AMS Africa’s projects include residential, commercial, and mixed-use developments.
5. CBRE Excellerate—Johannesburg, South Africa
CBRE Excellerate is a joint venture between CBRE Group and Excellerate Property Services, offering integrated real estate solutions across Africa. The company provides services including facilities management, property management, and advisory services, supporting clients in optimizing their real estate portfolios.
4. Growthpoint Properties—Johannesburg, South Africa
Growthpoint Properties is South Africa’s largest listed property company, with a diversified portfolio encompassing retail, office, and industrial properties. The company has also invested in international markets, including Australia and the UK. Growthpoint focuses on sustainable property development and management, contributing to urban development in South Africa.
3. Attacq Limited—Johannesburg, South Africa
Attacq Limited is a real estate investment company known for developing Waterfall City, a mixed-use precinct in Midrand, South Africa. The company invests in retail, office, and residential properties, aiming to create sustainable urban environments. Attacq’s strategic developments contribute to economic growth and job creation in the regions they operate.
2. Atterbury Property—Pretoria, South Africa
Atterbury Property is a real estate development, investment, and management company with projects across Africa and Europe. The company specializes in commercial, retail, and mixed-use developments, focusing on creating long-term value through strategic property investments. Atterbury’s developments are known for their quality and contribution to urban regeneration.
1. Rendeavour—Nairobi, Kenya
Rendeavour is Africa’s largest urban land developer, with large-scale satellite city projects across Kenya, Nigeria, Ghana, Zambia, and the Democratic Republic of Congo. The company is behind the development of well-known urban projects such as Tatu City in Kenya and Appolonia City in Ghana. By combining infrastructure development with real estate innovation, Rendeavour aims to create inclusive, well-planned, and economically viable urban environments. Their long-term, sustainable approach attracts both local and international investors and supports Africa’s growing middle class with integrated live-work-play communities.
