Gabon is an urbanized country at 85%, one of the highest rates in the world. However, the action is experiencing a deficit of urban development and has not developed the potential of the real estate sector, despite a real demand from households and institutional operators.
Demand in the property market is high with a housing deficit for households valued at more than 50,000 dwellings, mostly in the social housing segment. A percentage of 40 million USD per year for a location, and the private sector more than 48 million USD per year.
The revitalization of the real estate sector is part of a strategy of urban redevelopment in the Political and the Economic capitals of the country: in Libreville and Port-Gentil.
Libreville has many assets to win, in the international competition of African cities that attract investment, talent and capital, as a hub of business, recreation and tourism in Central Africa. Gabon intends to promote an ecosystem and a business model that will revitalize real estate development in Port-Gentil and Libreville, with the aim of facilitating access to social housing for households and increasing the supply of office properties.