Enterprise Properties Marks 15 Years Of Growth

Kwadwo Nini Owusu (M) with management team and Board members

 

Enterprise Properties Limited (EPL), a corporate real estate company, has officially launched its 15th anniversary celebrations and announced plans to expand its services to provide enhanced support for investors in the nation’s property market in response to the evolving demands of the real estate sector.

Speaking at the launch held at the company’s head office in Accra on Monday, the Managing Director of Enterprise Properties, Kwadwo Nini Owusu, said the company had built a solid reputation over the years through the delivery of exceptional facility and property management services, particularly to subsidiaries of Enterprise Group.

“There are a number of companies providing facility management services, but we have been around for 15 solid years and have delivered exceptional services. We believe we now have what it takes to provide services to a wider market. Whether it is facilities management, property management, leasing, project management, fit-outs or construction supervision, we are the right partners to work with,” he said.

Mr. Owusu noted that the real estate sector was entering one of its most favourable periods in recent years, driven by falling inflation, a recovering cedi and policy rate cuts by the Bank of Ghana.

EPL, which was established as part of a strategic initiative by Enterprise Group PLC, offers services including facilities management, project management, property management, brokerage, research and advisory services.

According to him, the improving macroeconomic environment is creating opportunities for developers, investors, homebuyers and tenants, particularly within the country’s dollar-denominated real estate market.

“Some years ago, the cedi traded at around GH¢15 to the dollar, making property acquisition and rental very expensive. But with the exchange rate improving to around GH¢10.5 to GH¢11, and interest rates also declining, conditions are becoming more conducive for real estate activity,” he stated.

Mr. Owusu said industry projections indicate that Ghana’s real estate market could record strong returns in 2026, with commercial properties expected to generate annual yields of between 8 and 15 percent, while residential rental yields could range between 7 and 12 percent.

He also highlighted changing consumer preferences as a major factor shaping the future of the industry, citing increasing demand for luxury apartments, eco-friendly buildings, smart homes and mixed-use developments that combine residential, commercial and recreational spaces.

He added that diaspora investment continues to play a significant role in supporting the sector, as many Ghanaians abroad view real estate as a reliable hedge against inflation and currency volatility.

Despite the opportunities, Mr. Owusu acknowledged that the industry still faces challenges, including rising construction and financing costs, infrastructure deficits, regulatory complexities, land title issues and currency volatility.

On affordable housing, he said Enterprise Properties is currently focused on the high-end market, including luxury apartments, office blocks and high-rise developments, although the company may consider venturing into the affordable housing segment in future.

The Chief Executive Officer of the Real Estate Agency Council (REAC). Emmanuel Jeffery, commended Enterprise Properties for its professionalism and compliance with the Real Estate Agency Act, 2020 (Act 1047).

He praised the company’s full registration and adherence to regulatory requirements, describing it as a demonstration of ethical practice and respect for the rule of law.

Also present at the launch were the Board Chair and members of the board of Enterprise Properties, staff of Enterprise Group and its subsidiaries, tenants, clients and business partners.

By Ebenezer K. Amponsah