Ultra-Rich Africans Double Property Buys in 12 Months to Preserve $50 Million-Plus Wealth
Updated
Updated · Bloomberg · Jun 4
Ultra-Rich Africans Double Property Buys in 12 Months to Preserve $50 Million-Plus Wealth
2 articles · Updated · Bloomberg · Jun 4
Summary
Property purchases by Standard Bank’s ultra-rich African clients more than doubled in the 12 months through September 2025 from a year earlier.
Clients with at least $50 million in investable assets are shifting into residential and commercial real estate to preserve wealth, diversify holdings and generate rental income.
Standard Bank, Africa’s biggest lender by assets, highlighted the trend in South Africa, where demand from these clients is rising across both property segments.
The surge points to real estate taking a larger role in how Africa’s wealthiest investors position portfolios against market and wealth-preservation pressures.