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Profica News

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News, announcements and articles from Profica

The next period is set to be very challenging for the commercial real estate industry across Africa as COVID-19 takes its toll on the economy. However, according to Tim White of leading Pan-African construction solutions company Profica, logistics and warehousing have strong fundamentals in place which may see the industrial sector weather the storm and emerge with a more positive long-term outlook. 

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The global digital evolution has just been put into overdrive by COVID-19 as locked-down nations are forced to accelerate the shift online, driving a massive spike in data needs.Microsoft Teams has reached 44 million daily users and Zoom users exploded to 200 million in March from a 10 million previous maximum, as the share price rocketed 41% over 2 months since 16 February. Matthew Renshaw, Chief Operating Officer of pan-African construction solutions company Profica, says that as businesses and even entire economies play rapid catch-up, the current pandemic challenge is throwing the need for local infrastructure to provide rapid, high-availability data centre services in Africa into sharp relief.

Construction solutions company Profica has partnered with temporary infrastructure specialists Chattels to deliver vital emergency healthcare facilities across South Africa. Rapid deployment of these facilities is underway to serve increased demands for triage and testing resulting from the COVID-19 pandemic. 

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Q&A with Kenneth Oigo, Profica Director – Head of East Africa
East Africa’s growing economies have property investors and developers exploring the huge development potential there.  For leading property and construction solutions company, Profica, which has been operating on the continent for a number of years, experience has shown that the adoption of a long-term outlook is the critical factor when considering opportunities in the region.  Kenneth Oigo, Profica Director – Head of East Africa, discusses the region’s attraction and the in-country strategies that are, and will be, reaping rewards.
 

@Eastgateshops in Bedfordview is rain-ready after Profica tackled a major waterproofing project covering 13,560m2 of surface in the Piazza and parking areas, including the Mega Mica, with little disruption to shoppers and tenants. @liberty2degrees #Profica #ProjectManagement #PrincipalAgent #Retail