In summary
By the end of 2025, Africa’s real estate market is expected to reach $17.64 trillion, of which the residential sector accounts for $14.87 trillion. The real estate market in Nigeria, Africa’s most populous country, is expected to be worth $2.61 trillion, of which residential real estate is expected to account for approximately $2.5 trillion. The African real estate market is expected to grow at an annual rate of 5.58% from 2024 to 2024. According to a report by real estate experts, in 2029.
Deep dive!!
Like many sectors on the continent, Africa’s real estate sector is experiencing significant growth. This growth is broadly driven by rapid urbanization, infrastructure development, and increasing demand for residential and commercial real estate.
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 making significant efforts to reshape the continent’s architectural and economic landscape, especially in curbing the housing shortage.
According to the World Bank, Africa needs more than $1.4 trillion to build at least 51 million homes to meet the current demand shortfall. To achieve this, the government continued to create policies for private real estate companies to thrive. Here we compile the top 10 largest real estate companies in Africa in 2025 based on project size, impact, investment volume and regional presence.
10. Broll Property Group — Johannesburg, South Africa
Broll Property Group was founded in 1975. The company is Africa’s leading real estate services company with a presence in multiple countries including Ghana, Nigeria, Kenya and Mozambique. We provide services such as real estate management, facility management, and rental. Over time, Broll has built a strong reputation for providing comprehensive real estate 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-generating real estate assets across Africa, including retail, office and hospitality properties. The company’s portfolio spans multiple countries and focuses on sustainable, long-term investments.
8. Shelter Afrik — Nairobi, Kenya
Shelter Afrique is a pan-African financial institution focused on supporting the development of Africa’s housing and real estate sector. Since its founding in 1982, the company has financed numerous housing projects and contributed to affordable housing solutions across the continent. Shelter Afrik works with governments and other private sector partners to address Africa’s housing shortage.
7. Gateway Real Estate Africa — Grand Baie, Mauritius
Gateway Real Estate Africa specializes in developing turnkey real estate solutions for multinational companies and retailers expanding into Africa. The company is focused on providing high quality commercial and industrial real estate, contributing to economic growth and infrastructure development in African countries.
6. AMS Africa—Morocco, Casablanca
AMS Africa is a real estate investment company with operations in North Africa and sub-Saharan Africa. The company aims to create value through strategic investments in the real estate sector and provides real estate development, asset management and advisory services. 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, providing integrated real estate solutions across Africa. The company provides services such as facility management, property management and advisory services to help customers optimize their real estate portfolios.
4. Growth point characteristics — Johannesburg, South Africa
Growthpoint Properties is South Africa’s largest listed real estate company with a diversified portfolio including retail, office and industrial properties. The company has also invested in international markets such as Australia and the UK. Growthpoint focuses on sustainable real estate development and management, contributing to urban development in South Africa.
3. Attacq Limited—Johannesburg, South Africa
Attacq Limited is a real estate investment company best known for developing Waterfall City, a mixed-use area in South Africa’s Midrand. The company invests in retail, office and residential real estate with the aim of creating sustainable urban environments. Attacq’s strategic developments contribute to economic growth and job creation in the regions in which it operates.
2. Atterbury Real Estate – 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, with a focus on creating long-term value through strategic real estate investments. Atterbury developments are known for their high quality and contribution to urban regeneration.
1. Rendezvous — Nairobi, Kenya
Rendeavour is Africa’s largest urban land development company, with large-scale satellite city projects across Kenya, Nigeria, Ghana, Zambia and the Democratic Republic of Congo. The company has helped develop famous urban projects such as Tatu City in Kenya and Apollonia City in Ghana. By combining infrastructure development and real estate innovation, Rendevour aims to create an inclusive, well-planned, and economically viable urban environment. Their long-term, sustainable approach attracts domestic and international investors and supports Africa’s growing middle class with integrated live, work and play communities.
