译文(字数 7356)
在撒哈拉以南的非洲发展房地产市场:基本面
由威尔弗雷德·k·Anim-Odame
近年来的房地产资本从发达国家流入撒哈拉非洲。尽管全球化的房地产市场,这一趋势是缺乏分析和研究房地产市场的增长在区域学者和业内人士匹配的典型。发展标准的市场指标,如租金增长上限——房地产市场的增长,价格和租金指数、产量,总回报,股票和市场效果,能够在成熟市场仍在次区域只能在非常有限的市场。在撒哈拉以南非洲的许多信息从视图——房地产市场投资者从发达经济体。它关注问题等新市场的能力,以满足专业和透明度的标准来要求外来投资者。
在大陆审查选定的房地产市场,加纳、肯尼亚、纳米比亚、尼日利亚、南非和乌干达——本文致力于理解这些市场的潜力,特别是现有特征来确认每个市场的独特性。从定性的角度研究方法论和主要依赖全球市场报告和在撒哈拉以南的非洲凯茨(除了南非)倾向于认为市场是全球投资者的投资视野之外。不久的将来,因此,市场在次区域的发展可能主要受到国内而不是外国资本流动。
外文原文(字符数 25462)
Developing Real Estate Markets in Sub-Sahara Africa: The Fundamentals
By Wilfred K. Anim-Odame
Recent years have seen a rise in the flow of real estate capital from advanced countries into Sub Sahara Africa. Globalization of real estate markets notwithstanding, the trend is char- acterized by a mismatched lack of growth in real estate markets analysis and research in the sub-region from both academic and industry sources. Developments of standard market indicators such as rental growth, cap- ital growth, price and rental indices, yields, total returns, and market stock that are avail- able in mature markets remain available only in very limited markets in the sub-region. Much of the information on Sub-Sahara African real estate markets is from the view- point ofinvestors from advanced economies. It focuses on questions such as the ability of new markets to meet the standards ofpro- fessionalism and transparency required by inward investors.