African Investments can emulate East Europe success

Seen at the panel discussion titled "Property Investment in Europe / Eastern Europe compared with Africa": Gugulethu Cele, Kundayi Munzara, Jeff Zidel and Benjamin Perez Ellischewitz.

Eastern European markets may be easier to enter into and invest in compared with African markets but African markets offer tremendous opportunities for investors — SA Commercial Prop News has learned.

Jeff Zidel, a property investment expert, has worked with the Resilient group of funds in both economic areas. 

Zidel was speaking at the African Property Investment Summit held in Sandton, Gauteng last week.

Zidel is a founder of the Resilient Property Income Fund. He has been a director of funds within the group and currently is a non-executive director of Fortress Income Fund. These funds are all looking at opportunities in Europe and Africa.

Commenting about investing in Nigeria where Resilient is working with Shoprite to develop shopping centres, Mr Zidel said the number of opportunities was staggering.

TO READ THE FULL STORY CLICK ON: www.africapropertynews.com