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  • Chidozie Uzoezie

The Bench Launches AviaDev Real Estate Forum


The bench, which is well known for organizing AviaDev (www.AviationDevelop.com), the premier platform dedicated to growing connectivity to, from, and within the African continent alongside a portfolio of world-class hotel investment conferences, announced today the creation of AviaDev Real Estate, a new forum connecting African airports with real estate investors, developers and professional advisors.


The forum will be supported by NACO, (Netherlands Airport Consultants), a world leading airport consultancy and engineering firm with a rich history of supporting African airport development. Most African airports are heavily dependent on aeronautical and passenger related revenues. However, many could enhance their resilience and long-term prosperity with new revenue streams. For example, it is estimated that only 4% of African airport revenue is derived from real estate, whereas in other parts of the world, the proportion is typically much greater.


Classic airport real estate operations include leasing or selling their surrounding land for use as hotels, offices, car parks and warehouses, in addition to renting space inside terminal buildings for retail, restaurants, etc. AviaDev Real Estate will connect the owners and operators of African airports to those with the finance, skills and contacts to develop the land and maximise its revenue potential. In turn, the airport industry, benefiting from more diverse real estate revenue streams, will become more resilient to (potential) travel disruption, increase the appeal to new carriers, and ultimately improve air connectivity across the continent. The forum will comprise pre-arranged, one-on-one meetings, in which participants can discuss specific business opportunities, and an interactive conference programme in which delegates can learn from one another, share ideas and network. Agenda topics will include: - How to identify opportunities, zone airport property and plan an airport city. - How to prepare a project to be investment ready. - How to finance airport real estate projects - what are the business models and what are investors looking for? - Case studies from airports that have successfully benefitted from real estate revenue. - Project presentations from airports looking for finance for their real estate projects. The new event will take place at the Radisson Blu Hotel Nairobi Upper Hill, on Wednesday 14th June, coinciding with the last day of the Africa Hotel Investment Forum (AHIF) and the start of AviaDev. Jon Howell, CEO & Founder, AviaDev, said: “The synergies that flow from creating an airport real estate forum at the intersection of AHIF and AviaDev are incredibly compelling. Our mandate at AviaDev Africa is to improve air connectivity to, from and within the African continent and I am confident that this forum will lead to developing a more resilient and thriving African aviation ecosystem that will benefit the entire value chain.” Marcel Langeslag, Director Aviation Africa at NACO, concluded: “Focusing on non-passenger revenues such as commercial real estate, can make a substantial difference to the profitability and investment appeal of an airport; so, I expect this unique event, coinciding with recovery from the COVID-19 pandemic, will take off successfully in 2023 and fly in the years ahead!”

Kommentare


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Comments (25)

Guest
Sep 21, 2022

We just booked our QATAR 🇶🇦 HÔTEL yesterday for 2 différent short stars of 2 nights and 3 nights for the Final… https://www.14sb.com/fifa-world-cup-hotels.html . Not exactly cheap but ok price for 4.5 Stars luxury and in Doha Center City! Thanks and Good Luck everyone! Vamos MEXICO!

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Guest
Sep 30, 2022

Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.

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kasarokcaesar
Oct 24, 2022

Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.

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Guest
Nov 10, 2022

Hi, I'm Lucy. Please how do I embark on my travel/ tour business. I am newbie and help..

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Guest
Nov 18, 2022

Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.

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Guest
Dec 04, 2022

Good location astounding but the staffs are rude and they make me wait so long for the service. They charge me more than what is on the website and did not refund me the manager is not helping with the issue


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Guest
Dec 15, 2022

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Guest
Jan 07, 2023

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Guest
Aug 07, 2023
Replying to

Where is here.

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Guest
Jan 27, 2023

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Guest
Feb 27, 2023

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More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html


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