Luanda Real Estate Market 2011-2014 Perspectives
Transcription
Luanda Real Estate Market 2011-2014 Perspectives
O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Luanda Real Estate Market 2011-2014 Perspectives O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Preface When you visit Angola, even if it’s for the first time, you discover a country that is being rebuilt, that is more stable and is totally involved in being developed. The most relevant question in all this process is the way in which this growth is being achieved. In its programme the government is mainly concerned with basic issues such as housing, education, health and transportation. When you arrive in Luanda the scene which meets you is one of enormous movement, due to the existence of countless cranes which show new construction in progress. Hardly are you out of the airport than you have to face traffic jams which are partly due to the reorganisation of the road network. But all these factors are only the collateral damage inherent in the development of a country which was involved in a war which lasted for 25 years, but which now wants to achieve in a few years time the status of the principal city of Africa. The implementation of new policies, the social and economic stability and the existence of rich natural resources are the basis of the national reconstruction of a country which wants and needs to grow. Jones Lang LaSalle, to monitor their business partners in new ventures, turns out to be partly co-operative development is expected to Luanda. Pedro Lancastre Managing Director O Mercado Imobiliário de Luanda Perspectivas 2011-2014 The Country Luanda The Republic of Angola is situated on the west coast of Africa and Luanda is the capital of Angola and its largest city. It is also the has an area of 1,246,700 km². It is bounded on the north and east by capital of the province of the same name. It is located on the Atlantic the Democratic Republic of the Congo, to the east by Zambia, on the coast and it is the main administrative centre of Angola. south by Namibia and to the west by the Atlantic Ocean. The population of Luanda has increased in the last two decades as a The country is divided into 18 provinces and the capital is the city of result of the vast flood of people who fled from the rural areas to the Luanda which occupies an area of 2,257 km², about 0.2% of the area capital during the Angolan civil war and as a result of migration from of the country. neighbouring countries, including in particular the Democratic Republic of the Congo. The main urban centres, besides the capital Luanda, are Lobito, Benguela, Huambo and Lubango. Luanda currently has a population of approximately 8 million inhabitants, which makes it the third largest Portuguese Main Angolan cities (population 2005) speaking city in the world, after São Paulo and Rio de Janeiro. 3.000.000 The population of Luanda 2.500.000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 2.000.000 1.500.000 1.000.000 500.000 0 Luanda Huambo Lobito Benguela 1940 Source: IMF 1994 2000 2005 2007 Source: Provincial Government of Luanda Angola is the second largest producer of oil and exporter of diamonds in sub-Saharan Africa The headquarters of the main companies of the country – Telecom, Unitel, Endiama and Sonangol among others - are in Luanda. There are currently many international companies operating in Luanda, coming particularly from Brazil, China and Portugal. Among the various Portuguese companies in Angola the largest group is in the construction sector. The estimated number of inhabitants in 1995 was 11 million, of whom 49.3% were men and 50.7% were women. 32% of the population lived in urban areas and 53% were economically active. It is estimated that in 1995 Luanda had about 3 million inhabitants. Area Construction Population(millions inhab.) 1970 2006 2007 2008 2009 2010 2011 17,089 17,555 18,021 18,498 19,053 19,625 Source: IMF According to the figures from the IMF the Republic of Angola currently has about 19 million inhabitants and about 57% of the population lives in cities. Food Banking Services Companies Edifer, Teixeira Duarte, Opway, Mota Engil, Soares da Costa Grupo Lena, Casais, Somague and Monte Adriano Nestlé, Unicer BES, BPI, Millenium KPMG, Century 21, Miranda Correia Amendoeira & Associados, Novabase Source: JLL In spite of the difficulties inherent in establishing a brand abroad various companies have tried to set up in the Angolan market, as is O Mercado Imobiliário de Luanda Perspectivas 2011-2014 the case with GelPeixe and CentralCer. It has recently been announced that Sonae and Condis have formed a partnership to develop a supermarket network together under the Continente name. Economic Context It is forecast that 2011 will be a year of consolidation of the economic recovery which started in 2010 During the course of 2010 there was an improvement in the current It is forecast by the IMF that this year there will be growth of 7.5%. balance of payments, mostly due to the growth in the oil sector. Another important factor which also contributed to this improvement was the balance of trade. Rate of inflation (%) 120.000 100.000 This situation has been brought under control because of the reduction in imports which happened directly because of the fall in investment. 80.000 60.000 40.000 20.000 In terms of public finances there was a rise in tax income in 2010 although it was not as great as expected and was dependent on the oil business Efforts were also made to cut public expenditure and the plan was to stabilise it during 2011, in spite of the forecast that it will continue to be dependent on movements in the price of oil in international markets. 0.000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: IMF Rate of real growth in GDP (%) 25.0 20.0 15.0 10.0 5.0 0.0 Subsaharan Africa 2007 Oil Exporters 2006 Oil Importers Angola Quénia Nigeria South Africa GDP (%) 2008 Souce: ANIP 30.000 25.000 20.000 The government has taken measures to bring down inflation by at least one percent but it is considered that this could be too ambitious a target to be reached during 2011. 15.000 10.000 5.000 0.000 2002 Source: IMF 2003 2004 2005 2006 2007 2008 2009 2010 2011 For that to be possible other equally important measures need to be taken, such as a reduction in the reliance of the Angolan market on imported goods, as well as such imported goods being made scarcer through customs duties and better transportation within the country of locally produced goods. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Profile These figures show some of the great differences which there are between those who live in Luanda and those who live in the other provinces of Angola. The INE (Angolan National Statistics Institute) reports to the Planning ministry of the Republic of Angola. In August 2010 it reported the One of the other major government programmes for this mandate is results of an inquiry made into the well being of the population. in the field of education. The most pressing concerns are to increase (IBEP), which resulted from a survey of the population of Angola in the rate of national literacy, which is around 65.6% for the population 2008 and 2009. over 14 years old. The figures also show that 77.2% of the population gets a primary education and only 20.6% go on to secondary As the Institute was still in the process of organization the survey education. carried out only dealt with 3 elements: National Index – Angola Population resident in urban areas – Urban Population living in rural areas – Rural Health is an equally important area which is also among the priorities set out in the government programme. 53% of the people who were sick but could not consult a doctor stated that the main reason was a question of transportation. It should be noted that only 17.7% of the women between 12 and 49 who are married, or cohabite, use a contraceptive. Of the women in this age range who have had children only 37.2% received advice According to IBEP the average age of the population is about 15, about HIV and Aids during their anti natal consultations. and the masculinity index stands at 93, while the total dependency index is 1.01 and the aging index is only 0.05. Socio-Demographic Socio-Economic Another relevant fact which was reported by IBEP relates to the In relation to income, on the basis of the average monthly income per fertility rate. It shows that the majority of women are about 18 years person, the IBEP survey showed that there is a big discrepancy old when they have their first child and 61.9% of women have their between urban and rural areas: first child before they have reached the age of 20. The infant mortality rate is another important indicator. It is 11.5% for children under a year old and about 19% for children less than 5 years old. This survey also covered some questions about housing and environment. It was found that 90.9 % of the population lives in urban areas without proper services, while 78.5% of the population lives in bad housing conditions and 42.5% lives in over-crowded homes. These figures corroborate one of the main aims outlined by the government of Angola, the pressing need for one million homes to be built. In relation to amenities and well-being the outstanding fact is that only 0.7% of the urban population has access to a fixed line phone and this access is mostly for those who live in urban centres. On the other hand the national percentage rises to 32.6% when the population which has access to mobile phones is taken into account. In that case the urban population has a penetration rate of 52.8% compared to 6.3% for those who live in rural areas. Angola 8,767 Urban Areas 11,077 Rural Areas 5,967 NOTE: Monthly income in Kwanzas 60% of such average monthly income came from the exercise of a profession, while 24% was from self employment and 16% from nonwork sources. On the other hand the monthly average expenditure was as follows: Angola 6,449 Urban Areas 8,419 NOTE: Amounts in Kwanzas Rural Areas 4,061 O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Divided as follows: Poverty Index Breakdown of average monthly expenditure 60 50 Food Products Housing Expenses Clothes, shoes Transport Health 40 30 Communications Leisure, fun and culture Alcohol, tobacco 20 Education Other goods and services 10 0 Angola Source: Ministry of Planning Urban Rural Source: Ministry of Planning As we can see from this table about 36% of the population resident in Angola lives below the national poverty line and this percentage is Average expenditure on food was also the subject of detailed even higher when we look at the population resident in rural areas analysis by IBEP, and it was found that about 30% was spent on (58.3%), compared with 18.7% for those living in urban areas. vegetables and 20% on cereals. According to information from the government the IBRP is up till now the largest survey made since April 2002. It covered the 18 provinces of Angola and went to about 12,000 family units. Average expenditure on food Vegetables and other horticultural products Cereals and cereal products Fish Products Meat Products Bread and bakery products Oils and fats Alcoholic beverages Spending in restaurants, cafes and similar Milk, cheese and eggs Non-alcoholic beverages Sugar, confectionery, honey and other products based on sugar Fruit Other food products Source: Ministry of Planning Child labour was another question asked by IBEP. It showed that about 20% of the population in the age range between 5 and 14 years old does some work, with a slightly higher rate for those who live in rural areas. IBEP publishes a poverty index which is calculated on the basis of consumption per family unit and has been adjusted for the differences in the cost of living and for consumption needs. By calculating basic needs a level of absolute poverty was set. The Censes of the population of Angola is due to take place in July and August 2013. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 The Real Estate Market The Bay of Luanda Reconstruction is evident in almost all parts of Luanda, from the visible rebuilding of the road system, which is making traffic even more difficult, to the decontamination and renovation of the Bay of Luanda which will revitalise the costal strip. The future widening of the Avenida 4 de Fevereiro, the construction of 12 car parks, landscaping and leisure areas and a large investment in building new homes are various examples of the dynamism of the city. One of the best known places in the city of Luanda is the Av. 4 de Fevereiro – generally known as the Marginal, which is currently being rebuilt. This avenue runs from the port of Luanda to the link with the island of Cabo. The plan is to improve and upgrade it, provide better access from other roads and build a pedestrian promenade. The estimated cost of re-designing and rebuilding the Marginal of Luanda is approximately 2 billion dollars. It should lead to 2,000 jobs during the reconstruction phase and about 1,200 permanent jobs. The programme for the Bay is aimed at reducing the environmental impact and its main objective is to respond to the lack of homes, offices, shops, hotels, tourism and leisure. This development has been approved by the council of ministers and it will be supervised by ANIP – The National Private Investment agency. The Bay of Luanda in the 70’s In relation to permissions granted for new buildings, the GLA licensed in 2009 was about 53% lower in terms of total area than the space authorised in the previous year. 71% of the GLA licensed was for residential buildings. Licences granted in 2009 11.98% 4.87% 11.56% 71.59% Comércio/Serv iços Indústria Turismo Habitação The Bay of Luanda at night Luanda National stadium This landmark of Luanda, which is located in the area of Camama, was completed at the beginning of 2010 and was inaugurated on the occasion of Can 2010 – Angola (African Nations Cup). Source: Ministry of Planning The roof with its striking design by architect Mário Sua Kay was We note some of the main current and expected future developments intended to symbolise the horns of the Palanca Negra (the antilope in Luanda, which clearly show the fast rate of growth of the city. which is one of the main symbols of Angola). O Mercado Imobiliário de Luanda Perspectivas 2011-2014 The Luanda National stadium has a capacity of 50,000 spectators, a presidential box whith 120 seats, a press box with 200 seats, 400 places reserved for the disabled, a VIP box with about 2.000 seats, offices and an athletics track with 8 lanes. Every day a number of ships are obliged to anchor in the Bay of Luanda while they wait for a space to dock. According to recent forecasts by the management company the port of the Angolan capital will reach breaking point in 2015, the year by which the new port should already be functioning. It will be located about 30 km to the North of Luanda next to the Barra do Dande. Luanda National Stadium The University area of Luanda Another emblematic project of the state is to re-launch education in Angola and to create a variety of different projects on a 2,000 hectare site in Luanda Sul. This University City is intended to house 17,000 students from all the provinces of the country and it will be developed in three phases. The plan calls for the construction of 9 faculties, a secondary school, a geology museum and an engineering building. There will also be a number of support buildings including a university hospital, a research centre, a botanical garden, a plant centre, a centre for advanced study and research, a centre for education and population surveys, a national centre of phytogenetic resources, a sports complex, conference hall, university theatre, hotel, VIP restaurants and ceremonial areas. The port of Luanda in the 70’s Housing The strong current demographic pressure is visible and is very clear in the number of people who live in large slums called “musseques”, which are spread all over the city and on the periphery of Luanda This is one of the main reasons why the government has defined as one of the priorities of this mandate the development of a plan of national reconstruction which includes among other items a bold plan for the construction of one million new homes The government plans that the project will support the development in properly prepared residential areas. of the capital, and there are plans that there will be a residential complex, facilities such as a creche, police station, health centre, Although it has been proposed that such residential areas be clinic, gymnasiums, changing rooms and a school as well as leisure developed in various regions of the country the capital has been areas. given priority. This is due to the pressing and urgent need to clear the areas next to the centre of Luanda, and for such areas to be used for The Port of Luanda other purposes in accordance with the master plan for the expansion Situated in the shelter of the Bay of Luanda the port of Luanda is one of the city of Luanda. of the busiest ports in sub-Saharan Africa. It has recently been extended so that it can take the traffic which arrives daily and which accounts for the entry of 70% of Angolan imports and exports (excluding oil/crude). An average of three ships a day currently arrives at the port of Luanda, principally with imported products. The imports can be divided into two large groups: industrial products and food products. The loading and unloading is done partly by the port cranes and partly by the ships’ own means. Kilamba Kiaxe O Mercado Imobiliário de Luanda Perspectivas 2011-2014 It is intended that the various residential developments will lead to the creation of homes for the middle class which is beginning to emerge in Luanda. Their homes do not currently have reasonable living conditions. Another important place is the island of Cabo, where the best known and talked about restaurants and bars of Luanda are located. The process of urban renovation has already begun there and the fishermen’s houses have given way to buildings directed at the middle-upper range. Through the government programme “My dream, my house” and with the help of public-private partnerships authentic cities are being This zone belongs to the Ingombata council. This area is considered created. The aim is for them to have the necessary social amenities the “Modern Zone” and includes the port of Luanda and various such as creches and schools (in relation to education), as well as shops and offices. shops and services and sports and cultural facilities among other things. Development Nova Vida (1ª phase) Nova Vida (2ª phase) Kilamba Kiaxe (2ª phase) Kilamba Kiaxe (3ª phase) Zango Cacuaco/Caxito Kilamba Kiaxe (1ª phase) Nºof homes 20.000 1.066 26.667 26.667 35.000 25.000 26.667 Situation Completed and occupied Under construction Under construction Planned Under construction Planned Completed The first residential zone with all the necessary facilities and amenities is in the south of the city and is better known as Talatona. This is divided between middle-high class Angolans and a large number of ex-patriots who are living in Luanda for professional reasons. Coqueiros Luanda Living The council of Cazenga is also of great economic interest, not only because it was an important industrial area in the 70’s but because various industries are located there, particularly those making textile and food products. Viana and Cacuaco can be considered the councils with the greatest In spite of the rapid residential development and the presence of a potential in the province of Luanda as they are zoned in the plans as number of condominiums Talatona is not yet considered the best having great potential for development, with large scale residential area in Luanda. developments as well as facilities and industries important for the development of Angola. Cristal Terrace in Luanda The suburb of Miramar is actually one of the main residential areas of the city of Luanda, and that is where the embassies and the delegations from other coutries delegations of the other countries which are represented in Angola are located. It is also where the official palace of the president of Angola is situated. There are some weekend homes of well-known society and state personalities on the island of Mussulo. Access can only been obtained by boat which normally belongs to the home owner. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Main New Residencial Zones CAXITO 25.000 houses NOVA VIDA 21.000 houses Catete ZANGO 35.000 houses KILAMBA KIAXE 80.000 houses O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Offices The demographic pressure extends to a large extent across the whole real estate market and applies especially in relation to the construction of office buildings. The result is that dozens of large office buildings are under construction in the area of the bay of Luanda. They are aimed at providing accommodation for the ever growing number of companies that want to set up in Angola. Four areas of the city of Luanda have been defined as the main office zones: Baixa (downtown, historic area, next to the Marginal / Bay of Luanda), City (which covers the councils of Maianga, Rangel, Kilamba Kiaxi and part of Ingombota), Luanda Sul (Talatona, Benfica and Samba) and other Zones (Camama, Viana and Cacuaco). Among the existing buildings we note: Completed buildings BUILDING ESCOM Year of construction: 2004 Area: 50,000m² (GCA) Nº of Floors: 24 Height: 102 m Location: Next to Largo de Kinaxixi, in the Bairro de Miramar AMBIENTE TOWER Year of construction: 2009 Area: 40,000m² Nº of Floors: 28 Height: 120m Location: Largo do Ambiente LUANDA TOWERS Year of construction: 2011 Area: 132,000m² Nº of Floors: 29 Height: 100m Location: Rua Rainha Ginga Of the new buildings that shaped a new image of the Bay of Luanda, to enhance the building Sonangol with its 23 floors and about 95.5 m high, which is located in downtown Luanda. Of the many office buildings that are currently under construction, to enhance the Muxima Plaza with its 14 floors and Kinaxixi Towers with 15 floors. Logistics/Warehousing Under the programme presented by the provincial government of Luanda it is intended that the centre of the city of Luanda becomes the business, administrative and financial centre of Angola. For that reason a number of logistics platforms are being developed which are intended to respond to the pressing current needs. Industrial Development Hubs (PDI) and Special Economic Areas (ZEE) Buildings under construction GARDEN TOWERS (Comandante Gika) Year of construction: 2011 Area: 67,600m² Nº of Floors: 21 Height: not available Location: Av. Comandante Gika ZEE Luanda - Bengo One of the main concerns of the state has been to ensure that the national economy grows in a sustained and diversified manner so as to respond to the growing needs of the population. The council of ministers therefore created the PDI’s in various ZEE’s spread throughout the various provinces of the country. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Because of its size and location the ZEE of Luanda is described as of Luanda – Bengo. It is located between the councils of Viana and Cacuaco, and covers industrial and retail hubs. This industrial hub has become very important because Angola is mainly an importer and needs to change this position in order to get greater economic and financial growth. It is planned that this development will include about 70 factory units, Belas Business Park making textiles, food, pharmaceuticals, steel, and building products. It should be noted that the government of Angola will create about 140,000 jobs through this mega development. Park One Logistics platform developed by BBINVEST and by the IDIA – the Industrial Development Institute of Angola. It will be located on Luanda ring road and is in front of the residential development ZANGO. It will respond to the logistical and industrial needs in this area. As is usual in this type of format it will have a residential and retail component designed to serve the needs of the people who regularly work in the logistics platform. Tourism The Angolan government believes in the potential of eco tourism in the region. It wants to make the best use of such potential and of the richness of traditional culture, beautiful beaches and the mountainous interior. To achieve this however, facilities need to be created which can provide the necessary support. Some facilities were put in on the occasion of CAN 2010, and these will serve only as a rehearsal for the existing needs in the province of Luanda. Currently it is believed that there could be about 352,000 m² of construction in progress with approximately 98,000 m² at the design stage. We note the following points of tourist interest in the province of Luanda and Bengo: Viana Business Park Angola Business Park Drago is currently developing this logistics and industrial platform. It has an area of about 17 hectares, and is located to the north of the city of Luanda. It is intended that there will be a retail element which as usual will support the functioning of the logistical and industrial companies located there. This developer also plans to implement a network with a platform in each of the provinces of Angola. Besides these large size developments there are business parks which are located in Talatona and in Viana. These house some of the companies who are working in Angola, such as: • Belas Business Park • Viana Business Park • Business Park de Viana • • • • • The rivers Kwanza and Dande Cabo Ledo Miradouro da Lua Mussulo Quiçama National park O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Teixeira Duarte is the operator which has been in Luanda for the longest time, and it has two hotels in the city: the Alvalade and the Trópico. In response to the strong demand in the market as well as to the growth of the city it plans to launch the Hotel Baia which is due to open in June of this year. It will be located on the Av. Dr. Agostinho Neto. There is a lot of variety in shopping in Luanda. This characteristic of an emerging market where the supply of shops is scarce and shops are mixed up with other types of retail such as street sellers and sellers of local produce. In spite of the supply still being very rudimentary and often badly located some internationally known brands such as Lacoste, Nike, This will not be the only inauguration in the coming years as the Vip Pierre Cardin, Hugo Boss, Pepe Jeans and Cerrutti, among others, chain plans shortly to open a five star Hotel – The Vip Grand Luanda, have shops. which will be located on the Av. Comandante Gika, and will form part of the development with the same name. Among the current offer in the city of Luanda there are also the Tivoli, Hotel Presidente and Skyna among others. There are five star hotels in Luanda Sul, such as the Convention Hotel of Talatona which forms part of the Talatona Convention centre. There are also some brands which are known in the Portuguese It should also be mentioned that the Pestana Group has announced market such as Press To, Pied Poule, Atmosphére, Cin, Robillac and that it is going to build a luxury tourist complex in Luanda - the Moviflor, among others. Pestana Luanda Bay, which will be located in the Bay of Luanda. Other shops which have appeared in response to the growing demand are Rouge perfume shops, ANDY’s boutiques, Priscila Fashions and Angelus shoe shop. The main streets in downtown Luanda are: Main Hotels in Luanda The Retail Market The retail market in Luanda is another of the markets which is being strongly developed with a rise in large size developments expected in the coming years. The supply is currently mainly high street shopping. It is very spread out and is mainly located in downtown Luanda. • • • • • • • • Rua Rainha Ginga; Av. de Portugal; Rua Presidente Marien N’Goubi; Av. Cónego Manuel das Neves; Av. Comandante Valódia; Alameda Manuel Van-Dúnen; Rua Amílcar Cabral; Av. 1º Congresso do MPLA. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Shopping Centres In the province of Luanda there is at present only one shopping centre which is similar to modern developments in international cities: Belas Shopping. This centre opened in 2007 and was developed in a joint venture by HOGI and ODEBRECHT Angola. It is located in Talatona – Luanda South, and it is the first shopping centre in Luanda, with a GLA of approximately 17,000 m². It is all on one floor and there are about 92 shops. Developer : Luana Park Location: Close to the Luanda Stadium, next to the Benfica / Viana / Cacuaco motorway, in the area of Camama in Luanda Sul Note: Due to open in 2012. Belas Shopping As a result of the high level of demand there have been a number of rumours in the market about the development of new shopping centres in Luanda. It is expected that in the near future there will be various large size developments in Luanda on a total of nearly 200,000 m². We list 3 of the developments which have been announced, one of which is a retail park. Developer: PrimeImóveis and ShoppingGest, with a design by Atelier de Arquitectura Óscar Santos. Location: 5 minutes from the airport, on the Av. Comandante Gika. Brands: Jumbo, Pasta Café, Armani, Boss, Zegna, Hard Rock Café Luanda, among other brands. Note: Due to open in March 2012. Developments by format Retail Park 20.18% Shopping Centre 79.82% Source: JLL O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Kinaxixi Shopping will be located in Largo Kinaxixi, a prime area of the city, and will have approximately 50.500 sqm. Shopping Fortaleza is another Shopping Center noteworthy that is developed by SOPROS, and will be located near the Marginal of Luanda, between St. Michael’s Fort and the future Science and Technology Museum. Muxima Plaza, whose construction has already started, will be developed by Imogestin. This project will be located in Largo Lumej and includes offices and housing, in addition to the shopping Center. Developer: GENEA Angola, this small shopping centre will service a residential area which is still in course of construction. Location: Area of Viana, Highway Camama – Viana Brands: Some brands will be there such as Pastelândia, Burguer Land, Caluk Gift and Sistec. Note: The residential area around this shopping centre is designed to have 28 blocks. Viana Park is a mixed project of retail and logistics which is located in the Viana Industrial Zone, and intends to meet the needs of the Real Estate Market developments of Luanda. The construction work is being finished and the shops are starting to be occupied. There are also rumors of a Shopping Center that will appear in the Nova Vida housing complex, as well as the possibility of a Factory Outlet appearing in the Lar do Patriota residential complex. Kinaxixi Towers Fortaleza Shopping Muxima Plaza Luanda Shopping Ginga Shopping Viana Park Belas Shopping Catete Maxi Park LEGENDA: Present Supply Future Supply Luana Park Food The largest number of food units belong to the NOSSO brands Nosso Super (large size units) and SUPER Poupa Lá (supermarkets), both belonging to PRESILD – Programme for restructuring the logistics and distribution system of essential products to the population. It was set up by the government of Angola to organise and modernise retailing in the country in order to widen the supply of Jumbo is the current leader. It is located on the JUMBO Av. Deolinda Rodrigues, and it is the largest essential products to the people of the country. food unit in Luanda in the supermarket segment. It is quite popular and has high visitor levels. In relation to current wholesale units in the MAXI province of Luanda, Maxi, which belongs to the Teixeira Duarte group, is the cash and carry brand which has Shoprite, a South African food shop SHOPRITE chain, currently has about 3 units in been longest in the market. It has a number of units open and a number in the pipeline. Luanda and is the first food unit to open in a shopping centre – Belas Shopping. Mega Cash & Carry, Inalga and Mundo Verde are other brands which are present in the Luanda market, and it is MEGA expected that one of the shops of Inalga will The chain of the brand Casa dos Frescos be located in the development at CASA DOS has an appealing visual display and CONTINENTE Viana Retail Park. stands out in the current market in There are already some food shops in the province of Luanda. They are not enough however to satisfy the demand when current estimates of the population resident in the province of Luanda and the size of the province are taken into account. FRESCOS Luanda, but in terms of positioning it is directed at the upper end and as such it is not accessible to the vast As already stated, according to recent reports Sonae Distribuição is going to enter the Angolan market with the Continente brand which majority of the population. will give a boost to the large food unit segment. It is due to bring to Angola the classic model of a shopping centre based on a food anchor. MaxiPark, South Luanda O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Middle Sized Units Cinemas There are middle sized shops and they are located in various places spread throughout the province, from unexpected locations within the city to places on the periphery of Luanda. The supply of entertainment in Luanda is currently scarce. There CINEPLACE are only 8 cinema screens and these are located in Belas Shopping, in the area of Talatona. The Most of these units are dedicated to selling household goods, such operator is the Brazilian company Cineplace. as construction or decoration materials, which shows the lack in the market of this type of materials and of furniture as well as of other Taking into account the number of large shopping centres due to goods for the home. open in the city of Luanda it is expected that the supply will increase. The brand BricoMat has a number of BRICOMAT units in Luanda and is already known there. It is the brand with the most units in the province of Luanda selling this type of product (DIY – construction materials) PRESILD also has a brand in the construction materials sector Nossa Casa, which is intended to support the national housing programme. As referred to above the mid size shops for IMEXCO household goods and DIY are the large shopping areas of this type which are most evident in Luanda. Some of the brands also have units in the province of Luanda: Household goods: Moviflor, Spazio, Decolar, Akazza DIY: BricoMat, Deconstrói, CasaCon, MCM Taking into account the number of retail developments which are planned, both in terms of shopping centres and expected retail parks new brands will come into the Angolan market According to information obtained there could in the future be 14 more cinema screens in Luanda, divided between the larger shopping centres which are due to open in the city - Luanda Shopping, Shopping Fortaleza, Kinaxixi and Muxima Plaza. About Jones Lang LaSalle Our services • Consultancy • Research • Valuations Our vocation is to respond to developers, investors and occupiers, and always to stay close to our clients throughout a real estate development. • Management of office buildings • Management of shopping centres Since 1997 we have accumulated experience in shopping centres, retail parks and outlet centres, and we are today the uncontested leaders in consultancy and marketing for such developments. • Asset management • Retail agency In the offices sector we have been active since 2002. We occupy a leading position in agency and are the leading firm in Corporate Solutions in the local market. • Tenant Representation • Office agency Jones Lang LaSalle is recognised as being a real business partner and is listed among the 400 best companies in the world. • Corporate solutions • Investment • Architecture Over the last 14 years we have succeeded in establishing our estate agency in Portugal. It covers the areas of valuations, consultancy, marketing, integrated management, real estate investment, architecture and corporate solutions for companies. O Mercado Imobiliário de Luanda Perspectivas 2011-2014 Jones Lang LaSalle Offices Lisbon Av. Duque d´Ávila nº 141 1ºdto 1080-051 +351 21 358 32 22 +351 21 358 32 23 Pedro Lancastre Managing Director Lisbon + 351 21 358 32 22 pedro.lancastre@eu.jll.com Patrícia Araújo Head of Retail Leasing Lisboa + 351 21 358 32 22 patricia.araujo@eu.jll.com Cristina Cristovão Head of Consultancy & Research Lisboa + 351 21 358 32 22 cristina.cristovao@eu.jll.com Maria José Vaquero Head of Management Services Lisboa +351 21 358 32 22 maria-jose.vaquero@eu.jll.com Em parceria com RODRIGUES ALVES Business Development – General Manager Luanda - Angola - TM - +244 934 117 962 TM- +351 916145384 Email: rodriguesalves@imoalves.pt www.imoalves.pt O Mercado Imobiliário de Luanda – Perspectiva 2011-2014 www.joneslanglasalle.pt
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