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31ST JULY 2018 VOLUME 1, ISSUE 7 In This Issue
The Future of African
GREDA NEWSLETTER
Property Markets:
The Future of African Property Markets: Blockchain, Blockchain, Artificial
Artificial Intelligence and Big Data Intelligence and Big Data-
page1 & 3
40
Land Acquisition and
By: Emmanuel Buetey Noah Jr. scene in ways we never would've -page 1 & 4
The Court of Appeal has declared Agri-Cattle Registration in Ghana: The
A new chapter just opened in your imagined. That said, for this and
Lakeside Estate Ltd the legal owner of the land Legal Issues -page 2 & 4
life - you just got married to the girl the next series of articles, I will
measuring 2911.53 acres and situate at Katamanso in
highlight the recent disruptions in
of your dreams, you have a baby girl - EVENT CORNER
the Af
the Greater Accra Region of Ghana. rican proptech scene as well
on the way, and you’re looking for
as the touch on a few of the most Sales and Marketing Seminar
your first dream home! At the click of
In a unanimous decision, the court presided over by
a button you're able to access a exciting opportunities in the space! In August there is going to be a sales
Justice I. O. Tanko Amadu, held that the property
mortgage facility online and then Blockchain tech and housing and marketing seminar which will be
covered by Land Title Certificate No.0513 formed
connect with your ideal property It’s estimated the global market targeted at the marketing
part of Nungua Stool Lands.
developer. Digital agreements are department of GREDA members.
size of the proptech investment
created then executed online using with reach $20bn by 2020. In order Resource persons with deep and
blockchain smart contracts, after- to take advantage of the practical experience in the Real
The appeal was to contest a judgement of the High Estate Industry will be invited to
which your project begins to take
opportunity, real estate sector
Court (Human Rights Division) Accra dated July 7, undertake this seminar to help
shape as it's built by a team of 3D
participants – land sector agencies
printer robots. Sensors and Artificial and financiers to property participants gain practical tips to
2016.
Intelligence (AI) supervisors close the sale of properties. We are
developers – will need to
coordinate activities, liaise with encouraging members to REGISTER
understand the latest in
subcontractors, and monitor NOW to help the Secretariat to plan
technological innovation. When it
The court awarded a cost of GH¢25,000 against the
construction up until the completion comes to land, real-estate and and execute a successful seminar.
plaintiffs, Nii Dr Tetteh Kpobi Tsuru III of La Stool
of your brand new home.
financial transactions- trust is king.
(La Mantse), SFA Limited and Fodas Estate Limited.
At first thought this may seem a few Without trust the system simply
years away but the future of housing falls apart.
is with us today! Emerging Enter into the world of blockchain
Defendants’ land
technologies such as AI, Big Data and
based property transactions,
Blockchain are taking the globe by
where the very nature of its design
storm and redefining the way we
is trustless and decentralized. For
transaction with one another. the initiates, a blockchain is a
The plaintiffs sued Agri-Cattle Lakeside Estate and
Paperless non-brick and mortar
others at the High Court and wanted a declaration for
shared database of immutable,
transactions are on the ride and a
traceable and auditable
the land covering about 49,420 acres, including the
new breed of real-estate
defendants’ land. transactions.
entrepreneurs have begun to disrupt
Continued on page 3
the property technology (proptech)
Connect with us:@gredaghananew
To advertise in the next edition
The plaintiffs further, as part of their reliefs, asked the
please call 0208118492
High Court to make an order directed at the Land