A West African Government - Libreville, Gabon - Source8
A West African Government – Libreville, Gabon
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A West African Government – Libreville, Gabon

Client: The Largest Construction and Engineering Company in the United States and the Gabonese Government

Size: 40 hectares

Brief

  • Our client is currently working on a number of infrastructure related projects for the Gabonese government.
  • Source8 were engaged to provide Strategic Real Estate Development Consultancy Services in relation to the proposed redevelopment of the capital Libreville‚Äôs waterfront and administrative district, the Champ Triomphal.
  • Source8 provided a Phase I Real Estate Market Report detailing the current property market, along with providing key recommendations as to potential phased development options for the waterfront and surrounding areas.

Challenge

  • Libreville is an emerging property market and currently there is a lack of readily available data in relation to current property supply, demand, and market trends
  • Lack of clearly defined¬†land use policies, building codes and standards to guide development proposals

Solution

Utilising first-hand intelligence gathering from on-the-ground sources and through meetings with key in-country stakeholders, Source8 were able to provide:

  • Strategic Analysis of the current and potential market for commercial,
    residential, retail, hotel/leisure and government facilities to drive the
    overall development vision
  • Key Recommendations & Next Steps focussing on potential mix of uses
    for the waterfront and surrounding area, along with commercially viable
    scale, type and locations for phased development.

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