The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent

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dc.contributor.advisorViruly, Francoisen_ZA
dc.contributor.authorMahlaole, Tahaneen_ZA
dc.date.accessioned2017-09-23T06:21:53Z
dc.date.available2017-09-23T06:21:53Z
dc.date.issued2017en_ZA
dc.description.abstractAfrica has begun to show tremendous socio-economic development and gradually improving market conditions. As a result, Africa's perceived attractiveness has improved as new investment frontiers are sought. It has become crucial that current and future economic and market growth needs can be met by infrastructure and real estate development. In order for the various real estate markets to develop further, they would need to attract a significant amount of capital expenditure, of which a portion may come from institutional investors. In order to achieve this, Africa needs to ensure that the desired investment environment is stimulated in the real estate market so as to redirect some of the capital flows into improving and increasing current and future real estate stock on the continent. This dissertation focuses on real estate in Africa by assessing the nature of the relationship between the maturity of real estate markets and foreign direct investments. It does so by assessing the investment decisions of South African real estate investors with exposure in the rest of the continent. The research findings seek to provide insight into the nature of the relationship and further assess its level of importance for South African real estate investors. Key findings were that maturity of real estate markets correlated poorly with investment activities and investors priorities when making investment decisions. However, maturity is a factor in real estate investment decisions. The aim was to assess the minimum level of maturity that was required for South African investors before entering a market; however, it became clear that mature markets or very immature markets are not necessarily what investors seek. An element of the risk/return profile is influenced by the maturity of markets: the less mature markets have the greater level of risk and the more mature markets have very little risk in comparison.en_ZA
dc.identifier.apacitationMahlaole, T. (2017). <i>The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Research of GSB. Retrieved from http://hdl.handle.net/11427/25335en_ZA
dc.identifier.chicagocitationMahlaole, Tahane. <i>"The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Research of GSB, 2017. http://hdl.handle.net/11427/25335en_ZA
dc.identifier.citationMahlaole, T. 2017. The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Mahlaole, Tahane AB - Africa has begun to show tremendous socio-economic development and gradually improving market conditions. As a result, Africa's perceived attractiveness has improved as new investment frontiers are sought. It has become crucial that current and future economic and market growth needs can be met by infrastructure and real estate development. In order for the various real estate markets to develop further, they would need to attract a significant amount of capital expenditure, of which a portion may come from institutional investors. In order to achieve this, Africa needs to ensure that the desired investment environment is stimulated in the real estate market so as to redirect some of the capital flows into improving and increasing current and future real estate stock on the continent. This dissertation focuses on real estate in Africa by assessing the nature of the relationship between the maturity of real estate markets and foreign direct investments. It does so by assessing the investment decisions of South African real estate investors with exposure in the rest of the continent. The research findings seek to provide insight into the nature of the relationship and further assess its level of importance for South African real estate investors. Key findings were that maturity of real estate markets correlated poorly with investment activities and investors priorities when making investment decisions. However, maturity is a factor in real estate investment decisions. The aim was to assess the minimum level of maturity that was required for South African investors before entering a market; however, it became clear that mature markets or very immature markets are not necessarily what investors seek. An element of the risk/return profile is influenced by the maturity of markets: the less mature markets have the greater level of risk and the more mature markets have very little risk in comparison. DA - 2017 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2017 T1 - The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent TI - The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent UR - http://hdl.handle.net/11427/25335 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/25335
dc.identifier.vancouvercitationMahlaole T. The relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continent. [Thesis]. University of Cape Town ,Faculty of Commerce ,Research of GSB, 2017 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/25335en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentResearch of GSBen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopment Financeen_ZA
dc.titleThe relationship between foreign direct investment and the maturity of the real estate market: an assessment of investment activities of South African real estate companies with exposure on the African continenten_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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