Mara Delta, the only pan-African property fund listed on the JSE, is set to be worth close to R8bn following a well-supported rights offer, according to CEO Bronwyn Corbett
“Rapid urbanisation and economic development make sub-Saharan Africa a promising market for property, especially as countries like Kenya are starting to adopt international frameworks"
The Rezidor Hotel Group has opened a Park Inn by Radisson in Nairobi's Westlands, the 35th hotel in its African portfolio..
Nairobi, ranked 10th, is the only African city listed in JLL's fourth annual City Momentum Index (CMI) of the world's most dynamic cities
Hilton Worldwide announced new properties and extensions at AHIF. Among the new hotels agreed is Africa's first modular build hotel, Africa's tallest hotel in Nairobi, and
Accelerating its growth strategy in Africa, Carlson Rezidor has opened five Radisson Blu hotels in the first six months of 2016 and signed four new hotels including
There are pockets of glory, particularly in East Africa - but property investors need to do their homework before venturing in
JLL has launched its east African Hub in Nairobi, Kenya - the fifth JLL-owned and operated hub on the continent. Other JLL hubs in Africa are located in Casablanca, Cairo, Lagos and Johannesburg
A key takeout at the RICS (Royal Institution of Chartered Surveyors) Africa 2015 Summit in Johannesburg last week is that Africa is taking its place on the world stage in terms of real estate, infrastructure and construction
JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.
Joan Muller 20 May 2014
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
Homecoming Revolution's London Expo will take place from 15-16 March 2014 and will feature a variety of exhibitors, guest speakers, workshops and case studies aiming to encourage Africans to return home.
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
Zeenat Moorad 30 Sep 2013
The siege in Nairobi's Westgate shopping mall has raised obvious concerns over security and safety in a country poised for growth. This was the conclusion of HVS London director Tim Smith, attending the Africa Hotel Investment Forum 2013 in Nairobi this week, following the decision by organisers to go ahead with the conference.