LONDON, August 20, 2014 /PRNewswire/ --
Property Investor Africa over the last 12 months has reviewed
the work and contribution of several individuals who have impacted
Africa's real estate industry. At
a meeting in the City of London,
The Property Investor Africa's (PiA) panel awarded Peter Petrou, Managing Partner at Aspen Morris
and Vice President of the American International Commercial
Arbitration Court, an award for "Outstanding Contribution to Real
Estate in Africa 2014".
(Photo:
http://photos.prnewswire.com/prnh/20140820/702737 )
Commenting on the recognition, Douglas
Oppong, Founder and CEO of Property Investor Africa said:
"Doing business in Africa can be a
minefield. However, with Property Investor Africa, investors
wanting to enter Africa's
lucrative real estate market can be assured that all the "I"s will
be dotted and all the "T"s will be crossed, in our bid to ensure
that direct capital investment flows into Africa's real estate sector. Our aim is to
enhance business activity in Africa and to ensure our clients obtain good
returns from the vast real estate opportunities available on the
continent. Peter Petrou's work over
the last 12 months has been exceptional and has been towards
achieving this goal."
Peter Petrou is a lawyer based in
London, who has undertaken several
real estate transactions globally. Peter started his career at a
leading US law firm where he joined their Capital Markets
department. Peter's main practice initially involved advising
investment banks and blue chip clients on a wide range of equity,
equity-linked and debt capital market transactions, including IPO's
and Stock Market listings. Peter always had a strong interest in
Real Estate and assisted several Real Estate clients with raising
finance for various projects. Peter decided that he wanted to focus
more on property related matters and joined International Law Firm,
Trowers&Hamlins LLP. At Trowers&Hamlins LLP, Peter focussed
primarily on property transactions for clients predominantly based
in the UK, Middle East and
Africa.
After 5 years at Trowers&Hamlins LLP and due to the demands
of Peter's contacts and clients in Africa, Russia, Ukraine, India, Middle
East, UK, Greece,
Cyprus and US, Peter decided to
launch his own law firm, Aspen Morris. Peter has built up
formidable high level contacts throughout Africa and has also assisted investors and
large developers and construction companies to break into the
lucrative African market.
Peter's tenacious and say no attitude have seen him not only
become one of the youngest Managing Partners of a law firm in the
UK, however he was recently appointed to the prestigious role of
Vice-President of the American International Commercial Arbitration
Court. Peter also sits on the board of several international
companies where he provides advice on strategy and legal matters.
Peter notes, "I am delighted to have been awarded this award
from Property Investor Africa. I have believed in Africa for many years, in particular countries
such as Nigeria, Ghana, South
Africa, Angola,
Sierra Leone, Sudan, Equatorial
Guinea, Egypt, Kenya, Tanzania, Ivory
Coast, Gabon, to name a
few, where their domestic markets have shown substantial growth.
Several of my investor and real estate clients have come to
me and expressed their frustration that their domestic markets are
no longer offering the financial returns that they had once
enjoyed. These clients are now focussing on lucrative opportunities
throughout Africa, where the
returns are substantial and I have assisted them in relation to
achieving their goals."
Peter further notes, "There is an interesting trend where over
the last 12 months, I have been approached by investors and
companies in Africa who have the
financial clout to enter the UK Real Estate market in order to
undertake substantial transactions. This shows that investors and
companies from Africa are not only
focusing on their continent, however they see the UK as an
interesting proposition in order to provide them with a good return
and to enhance their international real estate portfolios."
Contact
Peter Petrou
tel: +44-(0)7832-126-934
email: ppetrou@aspenmorris.com