Real Estate Investor Magazine South Africa Real Estate Investor Magazine - August 2017 | Page 45

OFFSHORE
LAURENCE RAPP COBUS VAN HEERDEN
The Spanish economy currently provides
one of the most attractive growth rates in
the Eurozone region with GDP growth of
3.2% in 2016 and 2.2% forecast for 2017
compared with 1.5% for the Eurozone – an
outperformance trend set to continue for
the next decade. Declining unemployment
is spurring robust economic growth and
increasing consumer spend. The city of Pemba has enormous economic
potential and we are proud to invest in its
future with this key development. Doing
business in Mozambique, and in Pemba
specifically, has been an immensely
positive experience.
CEO OF VUKILE
www.reimag.co.za
ATTERBURY PROPERTY DEVELOPMENT
TONY SMEDLEY
HEAD OF CONTINENTAL EUROPEAN INVESTMENT
AT SCHRODER REAL ESTATE INVESTMENT
MANAGEMENT
Over 80% of [our] portfolio is located in
Europe’s fastest growing locations by GDP
growth. We are well positioned to focus on
generating long term shareholder value,
as we look at the available options to grow
the Company over the medium-to-long
term.
AUGUST 2017 SA Real Estate Investor
43