Gateway Real Estate Africa, Appolonia City Open First Commercial Office Building

Adumuah Place, the first office building at Appolonia City, is open and ready for its first tenants. Developed by Gateway Real Estate Africa (GREA), Adumuah Place is conveniently located off the Adenta-Dodowa Road and strategically positioned at the entrance to Appolonia City, Greater Accra’s new city.

GREA, a leading property developer and manager with operations across Africa, offers corporate office and retail space in the USD 4 million Grade A building. Adumuah Place is anchored by Appolonia Development Company’s new headquarters, a clinic and pharmacy by C & J Medicare Limited and Duka Supermarket, a chain of green grocery stores.

The launch of Adumuah Place was attended by Hon. Francis Asenso-Boakye, the Minister for Works and Housing, businessman Sir Sam Jonah and executives from GREA and Appolonia City.

“On behalf of the government, I commend Gateway Real Estate Africa and Appolonia City for their foresight in developing high-quality office space in a decentralized location that is free from the traffic congestion of central Accra,” Asenso-Boakye commented. “Adumuah Place is certain to attract additional tenants that appreciate the live-work-play lifestyle of Appolonia City.”

With offices ranging from 116m2 to 661m2 in the 2,000 m2 building, tenants have a variety of spaces to pick from, depending on their requirements.

“With Adumuah Place, we placed a strong emphasis on reducing tenants’ overall cost of occupation by focusing on clever design features to reduce utility charges and increase tenant comfort,” said GREA CEO and Co-founder Greg Pearson.

Pearson explained that the use of perforated aluminum cladding, for example, shades the building internally, reducing glare and reliance on air conditioning for cooling. Similarly, the building’s northeastern façade has large vertical louvres that reduce glare and heat generated from the morning sun.

Sir Sam Jonah, a director of GREA’s mother company, Grit Real Estate Income Group, said, “Building today is about building for post-covid cities and delivering on the trend towards a new, different and better quality of life in Africa’s business hubs.”

In addition, Adumuah Place benefits from Appolonia City’s existing world-class infrastructure, such as roads, security, ICT and a host of other services.

“Adumuah Place is named in honor of Nii Tei Adumuah II, who ruled Appolonia for 40 years and was a visionary leader of the Appolonia community, our partner in Appolonia City,” said Bright Owusu-Amofah, CEO of Appolonia City. “We are certain Adumuah Place will live up to Nii Tei Adumuah II’s legacy.”

More than two million commuters enter Accra’s CBD every day, creating travel times to work of up to three hours for people who leave their homes after 6am, making for long and tiring days, lower productivity and severely constrained home or leisure time.

Adumuah Place at Appolonia City is the latest in a strategic partnership between GREA and Appolonia City’s developer, Rendeavour, which spans commercial, warehousing and logistics developments at Rendeavour’s new cities in East and West Africa.

 

About Gateway Real Estate Africa (www.greafrica.group)

Gateway Real Estate Africa is a private real estate development company registered in Mauritius. It specializes in turnkey construction of accommodation for international companies and retailers who wish to expand their operations in the African continent. The company creates value for shareholders through development, through rental income from tenanted developments and through the sale of assets at the appropriate time.

Since formation in 2018, Gateway Real Estate Africa has raised and deployed capital into development projects in Ethiopia, Uganda, Kenya, Nigeria, Ghana, Morocco, Mauritius, and Mozambique and is currently delivering on a construction pipeline of US$400 million.

 

About Appolonia City (www.appolonia.com.gh)

Appolonia City is a 2,325-acre (941-hectare) inclusive mixed-use new city in Greater Accra. A seamless live-play-work community, Appolonia City offers homes, offices, shopping, schools, healthcare and ample parks and open spaces. High-quality tarred roads, power, ICT, water and storm drains are already available at Appolonia City.

Appolonia Industrial Park is a 200-acre, modern warehousing, logistics, and a light industrial zone with world-class estate management services.

Appolonia City Shares Its Business Portfolio With AmCham Guests

Appolonia City (Rendeavour) shared its business with guests at the AmCham Development Financing Forum. The presentation was part of the chamber’s new initiative to allow members to share their business and services with participants at AmCham events.

Ayesha Abdulrahaman, Senior Real Estate Advisor (Commercial), took participants through Rendeavour’s Ghana business and shared details on their 2,325-acre master-planned seamless live-work-play satellite city complete with residential, retail, commercial, educational, healthcare and recreational facilities city in Accra. Learn more.

Rendeavour Building Africa’s Largest Urban Landscape

Appolonia City is a project of Rendeavour, Africa’s largest urban land developer with over 30,000 acres of visionary projects in the growth trajectories of large cities in Kenya, Ghana, Nigeria, Zambia and Democratic Republic of Congo.

Appolonia City is a unique partnership between Rendeavour, Africa’s largest urban land developer, and the Chiefs, leaders and residents of the Appolonia community.

The development was conceived and launched in Accra in 2012. Following the completion of initial infrastructure in 2015, Appolonia City’s first residential phase was introduced to the market.

CEO of Appolonia City, Bright Owusu Amofah

Rendeavour’s vision goes beyond alleviating what is a self-evident problem – that of stifling urban congestion and a dearth of quality housing and commercial property in Africa. Rather, they aim to help create the infrastructure – the living and working spaces, communities, schools and hospitals – that will help sustain and accelerate Africa’s economic growth, meet the aspirations of Africa’s burgeoning middle classes, and serve as a catalyst for further urban development.

Appolonia City is a mixed-use and mixed-income urban development that will be home to 88,000 residents and tens of thousands of daily visitors.

AmCham Ghana Exec. Secretary, Simon Madjie (left) presenting AmCham Membership Certificate to CEO of Appolonia City, Bright Owusu Amofah.

The 2,325-acre project encompasses residential, commercial, retail and light industrial developments, as well as social amenities like schools, healthcare and family parks.

Appolonia City offers you all you need in one place. A place to live, work, shop, a place for entertainment, relaxation and much more – in a well-planned natural environment coupled with the highest standards of infrastructure.

 click here for more info.