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Commercial

Published stories attached to the Commercial category.

67 items

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News

Standard Bank and Java Capital team up on real estate capital raising and co-investment

Standard Bank and Java Capital have partnered to raise and structure capital for real estate, infrastructure and other real-asset investments in South Africa.

News

Digital Realty opens 6.4MW Nairobi data centre as iColo joins its brand

Digital Realty has opened its Nairobi Two Data Center (NBO2), adding 6.4MW of capacity to its Kenyan campus as iColo transitions to the Digital Realty brand.

News

How existing properties can be given new purpose —Oluwadare

Lagos-based commercial interior designer Micah G. Oluwadare shows how a former residential staff-quarters building was transformed into a functional corporate technology workspace for Capricorn Digital Limited, demonstrating the potential of adaptive reuse in commercial real estate.

News

Housing crisis: Fix building system, not cement prices —Oyedele

Fame Oyster & Co. CEO Olufemi Oyedele urges the federal government to abandon attempts to regulate cement prices, arguing that Nigeria’s housing crisis stems from a faulty building production system rather than the activities of cement manufacturers.

News

Investors pour Sh5.5bn into Gigiri luxury hotels as UN hub expansion stokes demand

Three investors have announced plans worth more than Sh5.5 billion to build luxury hotels and serviced residences in Nairobi's Gigiri, targeting diplomats and international organisations as the UN campus expands.

News

Tanzania to inaugurate $270m Mtumba Government City phase two in Dodoma

President Samia Suluhu Hassan will on September 8 inaugurate phase two of the Mtumba Government City in Dodoma, a Sh698 billion ($270 million) complex of 26 ministry buildings expected to house about 18,510 government employees.

News

Lagos court halts demolition and construction on disputed Broad Street property

A Lagos State High Court has barred further demolition and construction on a disputed property at 168 Broad Street, Lagos Island, after a council quit notice triggered a possession battle.

News

Hilton signs deal for first Zimbabwe hotel with Hilton Garden Inn Harare Highlands

Hilton has signed an agreement with developer Terrace Africa to open the Hilton Garden Inn Harare Highlands, its first hotel in Zimbabwe, as part of the capital's mixed-use Highlands Precinct development.

News

PCEA launches Sh703m fund drive to save Milele Beach Hotel from debt

The Presbyterian Church of East Africa has launched a Sh703 million fundraising drive to rescue its Milele Beach Hotel in Mombasa from debt, after paying Sh50 million to KCB to cut its outstanding loan to Sh753 million.