The event brings together international and regional leaders, with more than 200 companies represented at the gathering.
NAIROBI, KENYA – The 11th annual East African Property Investment Summit (EAPI). will be held on April 17 and 18, 2024 in Nairobi, Kenya. With dedicated forums for housing, hospitality, retail and proptech, #EAPI2024 promises to be bigger and more impactful than ever.
Located at the center and center of the continent, East Africa’s fast-moving and evolving economies set the tone for investment and development across the real estate value chain. Given this position, it is no surprise that #EAPI2024 will host over 500 participants from 15 countries in April. The event brings together international and regional leaders, with more than 200 companies represented at the gathering.
Under the theme “Inspire, Imagine, Invest” This year’s event will be exclusively in person at Radisson Blu, Upper Hill, Nairobi. Attendees will connect, share information and make deals with exclusive networking opportunities and access to valuable content. Over two days, the event will share expertise from over 90 speakers, in addition to a variety of valuable networking opportunities and other unique experiences to drive deal generation.
Somaya JoshuaHead of Commercial Property Finance for the Africa region (excluding South Africa) at Absa Groupand the main sponsor for this year’s summit says, “Our commitment extends far beyond bricks and mortar as we forge sustainable partnerships with our customers, collectively shaping the trajectory of Africa’s future. We are very proud to once again be sponsoring the East Africa Property Investment (EAPI) Summit in Nairobi, where we will gather to share ideas and explore innovative opportunities in the built environment as we continue to support the industry’s continued growth and development. “
Somaya Joshau, Head of Commercial Property Finance, Africa Regions.
Mi Vida, which is addressing the lack of affordable housing for middle-income families by building at least 3,000 homes suitable for this market in the near future, is a Gold Sponsor of #EAPI2024. Mi Vida residential developer is a joint venture between Actis, a leading investor in development markets operating in the region for over 70 years and Shapoorji Pallonji Real Estate (SPRE), the real estate arm of one of India’s largest conglomerates .
Samuel Kariukithe CEO of Mi Vida, a gold sponsor of EAPI2024, says, “As we continue to successfully unlock the investment potential for institutional grade affordable housing in the Kenyan market, we are extremely proud to sponsor the EAPI Summit in Nairobi and participate in showcasing the attractive opportunities and real estate expertise in our exciting market. We see strong investor demand for residential properties that balance quality and affordability, especially in mixed-use environments.”
Niyi AdeleyeHead of Real Estate Finance – Africa Regions at Standard Bank Groupa gold sponsor of this outstanding gathering, says:Standard Bank remains committed to East African markets such as Kenya, Tanzania, Uganda and others, as well as key gateway cities such as Nairobi, Dar es Salaam and Kampala, where we expect continued growth in the operations of customers. Our key objective remains to continue to support the aspirations of our new and existing clients in these key East African cities. EAPI platforms offer a valuable space for customer engagement and to share industry and sector leadership perspectives with key market participants to deepen and grow markets.”
Kenneth Bae is its CEO Centum Real Estate, Kenya, the silver sponsor of this unparalleled real estate gathering in East Africa. Centum Real Estate is a leading force in shaping urban areas in East Africa into vibrant and desirable locations, having built over 1,200 homes, managing a portfolio of assets valued at over 40 billion Kenyan shillings across 11,000 acres of mixed-use sites. Mbae says, “As a proud sponsor of the EAPI Summit, we appreciate the platform it provides to exchange ideas with industry peers, learn about emerging industry technologies, and most importantly, connect and directly engage investors and prospective home owners to explore our profitable opportunities in Kenya and Uganda.”
The comprehensive agenda for the upcoming #EAPI2024 summit includes a wide variety of sessions covering the diverse interests of the industry. A special session will delve into ‘East Africa’s Place in a Changing Global Order’, which promises an insightful discussion of the main macroeconomic factors affecting the built environment in the region.
Another important point includes a comprehensive review titled “The Institutionalization of Real Estate in East Africa.” This session will examine the triumphs and challenges encountered in developing flagship projects in the region. Its purpose is to shed light on what investors and renters or buyers prioritize when it comes to real estate opportunities.
A highly interactive session is set to be a question and answer session “Global Monetary Policy” where experts will analyze the effects of floating interest rates on the regional economy, public debt and the built environment. This will provide participants with a deeper understanding of the economic forces at play in the real estate sector.
For those interested in industrial development, the “Industrial and storage in an emerging context” The session will address how to unlock and reposition for local industrial demand, including reviewing regulations, Special Economic Zones (SEZs), Export Processing Zones (EPZs) and tenant demand.
This year there will be new additions to the programme, including an exciting Retail and Ideas Forum (April 18), the expansion of the Hospitality Forum (April 17), as well as the Proptech (April 18) and Affordable Housing (April 18) sub-forums.
Focusing on the hospitality industry, the “Hotels: Coastal Trends” session will reveal the opportunities and trends along the East African coast. The talk will address various aspects including leisure and accommodation, providing an in-depth look at the possibilities and challenges found in the coastal hospitality scene. The conference will also feature a themed session “Hotels: Short-Term Rentals and Housing Market in East Africa,” increase in demand, supply, management, planning and factors. This is an area of increasing importance in the real estate landscape of the region.
The deep dive into the world of retail ownership will include discussions on how international franchises and new players can penetrate the regional market. In addition, a session dedicated to “Retail: Neighborhood Convenience” will explore the potential for continued growth in this area and compare the advantages of convenience stores versus traditional malls, providing valuable insight for attendees interested in retail real estate development.
Murray Anderson-OgleGM Marketing and Commercial at API Eventssays, “If you are investing in Africa or interested in the many different aspects of real estate, this opportunity to access networking, trading and knowledge in one of the continent’s most dynamic markets cannot be missing. #EAPI2024 will once again set the property agenda.”
Theodore is Co-Founder and Managing Editor of the TravelDailyNews Media Network. His responsibilities include business development and planning for long-term TravelDailyNews opportunities.