Chinese-owned real estate company to invest one billion dollars in housing projects in Angola

H&S Imobiliária is to invest more than one billion dollars in phases in housing projects, “despite the downturn in the real estate sector in Angola,” announced the Angolan company, a subsidiary of the Beijing Haishan Holding Group.

According to a note from the company, the projects will be presented on the 24th of August, during the first edition of the Angolan Real Estate Market Seminar (Semia), which is promoted by Linear Comunicação, to analyze the “Real Estate Sector as a Lever for Employability and Economic Growth in Angola”.

According to the vice-president of the H&S Imobiliária group, this package of new investments includes the construction of six projects, including residential properties, an international school and the second phase of a shopping center in Luanda.

The vice-president stressed that continued investment in the real estate sector is one of the main focuses of the H&S group, which was founded in 2006 with extensive experience in real estate investment in the country.

(Source: Ver Angola)