The total cross-border investment in the African commercial real estate is estimated to be about $150 billion. Growth drivers include urbanization, a growing middle class, and increased investment in infrastructure and real estate development. Some of the countries with the largest real estate markets in Africa include South Africa, Nigeria, Egypt, and Morocco. 

The real estate market in Nigeria has an estimated growth rate of 4.3% reflecting the exponential increase in demand for housing despite inflation. In recent years there has been a rise in property tech (prop-tech), short-letting and shared space. In South Africa real estate industry is characterized by diversity, growth, and challenges. The industry is expected to continue its growth trajectory, driven by increased investment and a growing middle class. In Ghana, the real estate market is growing because of the deficit of housing units. The country has positioned itself as an investment destination of choice because of its continued infrastructural development, a safe business environment, and growing international appeal. Cote d'Ivoire has one of the fastest-growing economies in Africa. This is attributable to a stable macroeconomic environment and monetary policy, major public investment in infrastructure, a tremendous number of natural resources, and a strong position in the worldwide real estate market. In Senegal, key areas like Dakar continues to experience double-digit increases in property prices in recent years. The major driver is sharp population growth.

In recent times, Africa has experienced a significant growth in the demand for modern and well-developed housing, office spaces, and retail centres due population growth. There is now focus on sustainable and green building practices in the real estate industry in response to a demand for a sustainable and cleaner environment. Technology is now widely used to increase the efficiency of processes within the industry. Investments in the sector increased significantly because of the increase in value across the region.