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Real Estate

Angolan real estate company with Chinese capital to invest a billion dollars in housing projects

H&S Imobiliária will invest more than a billion dollars, in stages, in housing projects, "despite the downturn in the real estate sector in Angola", announced the Angolan company with Chinese capital.

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According to a company note, the projects will be presented on August 24, during the first edition of the Angolan Real Estate Market Seminar (Semia), promoted by Linear Comunicação, to analyze the “Real Estate Sector as a Lever for Employability and Economic Growth in Angola".

According to the vice president of the H&S Imobiliária group, Linda Liu, quoted in the note, this package of new investments includes the construction of six projects, including residential buildings, an international school and the second phase of a shopping centre, in Luanda.

Linda Liu stressed that continuous investment in the real estate sector is part of the main focus of the H&S group, founded in 2006, with extensive experience in real estate investment in the country.

“Despite the retraction of the real estate sector in Angola and the crisis that the market is facing”, Linda Liu stressed that this is the phase that “requires the most selfless effort on the part of businessmen if they want to remain firm in the market”, says the note.

Regarding Semia, the vice-president of H&S considered it an opportunity for the exchange of ideas and commercial contacts, being among the different topics of the seminar themes related to mediation, valuation, sales, real estate law, multi-risk insurance and housing, and property management companies collective investment undertakings.

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