Knight Frank – Africa Report, 2024-25

Knight Frank's 2024/25 Africa Report highlights the optimistic outlook for the continent's real estate markets, with over 95% of markets fully rebounding from the impact of the COVID-19 pandemic. The office sector is experiencing increased demand for Grade A stock, while the retail sector is evolving to focus on enhancing consumer experiences. Industrial markets are resilient, supported by government initiatives such as Special Economic Zones, and the rise of e-commerce is driving the development of modern industrial zones. In the residential sector, there is a demand for mixed-use and community living developments, with affordability remaining a key concern for transitioning from renting to owning. The report covers property markets in 19 countries and includes insights on retail, economic, and healthcare trends. Readers are encouraged to explore the research and discuss the findings in more detail with Knight Frank's experts.