| Keywords [eng] |
Real Estate Investment Trusts, Policies, Legal And Organizational Environment, Property Development, Investment Performance, Emerging Markets, Northwest Region, Cameroon, Public-Private Partnerships. |
| Abstract [eng] |
This master's thesis investigates the impact of REITs on the real estate industry in Cameroon, with a specific focus on the Northwest Region, Combining quantitative methodology used in the study (Survey based questionnaire) given to 200 real estate stakeholders with secondary data from government agencies, real estate associations, financial regulatory bodies and academic publications. The major results obtained reveal that the demand of different property types in Cameroon has been changing yet the availability of funds is a significant problem, confirmed by 74.5 percent of the respondents. Technology adoption is indicated, and most players are adopting online portals, virtual tours, and data analytics. Among the dominant challenges are identified as land disputes (67%), corruption (70.7%), lack of infrastructure gaps (66%), and unskilled professionals (62.8%). The study substantiates the hypotheses that the market trends and challenges are influential determinants of real estate business, and that the REITs have the power to impact property development, market liquidity, and flows of investments. The study concludes recommendations that government should Implement stricter anti-corruption measures, Prioritize training programs, engage local communities in decision-making, Focus on conflict resolution, resettlement programs, and Explore innovative financing options beyond REITs, such as green bonds and impact investing, to address funding gaps for sustainable projects. |