Ultra-rich Africans piling into property to preserve wealth, Standard Bank says
Africans with at least $50 million in investable assets are increasingly buying property for wealth preservation, diversification, and potential rental income, according to the continent’s biggest lender by assets. In South Africa, the number of residential and commercial properties acquired by the lender’s so-called ultra-rich clients more than doubled in the 12 months through September… Source
Black News 
Africans with at least $50 million in investable assets are increasingly buying property for wealth preservation, diversification, and potential rental income, according to the continent’s biggest lender by assets. In South Africa, the number of residential and commercial properties acquired by the lender’s so-called ultra-rich clients more than doubled in the 12 months through September…
