Real Estate Investor Magazine South Africa September 2015 | Page 59

a bigger hit as Chinese buyers lose purchasing power.
If the US dollar is over-valued and Chinese buyers seek
a new home for their yuan, property is a logical asset
class.
Many of the newly-changed dynamics in the real
estate world have common geographical threads across
developing markets. The huge expansion in cities and
unprecedented shifts in population are driving changes
in demand for real estate across sub-Saharan Africa.
Burgeoning middle-class urban populations in Asia,
Africa and South America will need far more housing.
Meanwhile, ageing populations will demand specialist
types of real estate e.g. retirement complexes.
There is an increasing need for private real estate
capital to finance urbanisation and infrastructure
in partnership with governments. August’s foreign
exchange moves could mean the days of the Chinese
just running take-aways may be over.
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SEPTEMBER 2015 SA Real Estate Investor

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