Ultra-Rich Africans Piling into Property to Preserve Wealth, Standard Bank Says
Africans with at least $50 million in investable assets are increasingly buying property for wealth preservation, diversification, and potential rental income, according to the continent’s biggest lender by assets.
By Prinesha Naidoo · Bloomberg Markets
Africans with at least $50 million in investable assets are increasingly buying property for wealth preservation, diversification, and potential rental income, according to the continent’s biggest lender by assets.