Ghanaians living in the diaspora have been urged to invest in properties, including real estate rather than bonds or the capital market.
Organised by HTC Construction Limited, the event seeks to expose Ghanaians and other Blacks in the diaspora, who have plans to resettle or own properties in Ghana, to interact with actors in the sector.
It also seeks to showcase the different housing schemes and investment opportunities in the country.
According to the Director of Corporate and Legal Affairs, Nilex Properties Limited, Alex K. Osei-Owusu, “If you get onto the capital market, as in treasury bills and bonds, you don’t know how much you are getting until the company at the end of the year makes profit.
And even if they made a profit, it is not 100 per cent sure you will get a dividend. It is when the directors of the company decides,” he explained.
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He further stated that research had shown that rental income in Ghana was the highest in the whole world, with capital appreciation of houses and real estate units capital appreciation of between 7 to 12 per cent per year.
According to Mr Osei-Owusu, the event was to link Ghanaians living in the diaspora to reputable real estate developers in order to enable them [diasporas] make investment in the real estate industry and obtain a higher return on investment
