Business News of Saturday, 19 March 2005

Source: GNA

Property Express out

Accra, March 19, GNA - A bi-monthly magazine, Property Express, published in the United Kingdom and designed to serve as a rich source of business information on the housing and property market in Ghana is now set to hit the local and international newsstands. The 72-page glossy magazine, which ranks among the top selling magazines in Africa, contains interesting articles and features on the Ghanaian property market.
It provides timely and very helpful information to the general public, especially developers, landlords and ladies, flat and house hunters, service providers as well as all stakeholders in the property business.
Launching it at the plush M-Plaza Hotel in Accra last Thursday, Mr William Darko Opare, Executive Director of Ghana Real Estate Development Association (GREDA), said the magazine would provide the right information to people, particularly Ghanaians and members of the business community at home and abroad, desirous of owning or renting property in Ghana or the United Kingdom.
Mr Robert Atta-Wegbe, the United Kingdom-based Managing Editor of the magazine, said the company's decision to come out with the magazine was informed by the growing demand in the housing and property market in Ghana and lack of any accurate and reliable source of information to prospective clients or business concerns.
Property Express, which will serve as a powerful and reliable medium of information, targets particularly real estate developers, property sellers, flat and house hunters, architects and mortgage and financial institutions.
"Indeed, the list is incomplete without mention of a thriving tourist industry and investment opportunities, which have all converged to make Ghana the gateway to the West African sub-region," he noted. Mr Atta-Wegbe gave the assurance that the magazine, which is widely circulated in Ghana, the United Kingdom, Canada, United States, France and other European countries, was poised to make considerable impact on the property, housing and tourism industry in Africa, particularly in the West African sub-region.
"We have the firm conviction that the magazine's corps of experienced and dedicated staff are capable of meeting the challenge of serving its readers with simple but penetrating and useful messages as well as very moderate advertisement rates for the Ghanaian business community.
"It is our expectation to come out in the near future with a French version of this magazine to enable us to have a firm grip on the West African housing and property market," Mr Atta-Wegbe said. The bi-monthly magazine, which will sell at 15,000 cedis a copy, would have moderate advertising rates for advertisers on the sale or renting of their properties.