Category
Published stories attached to the Commercial category.
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American technology company Cybastion is planning a $75 million investment in an AI-powered data center and power plant in Cameroon, announced during the inaugural US-Cameroon economic dialogue.
Construction is nearing completion on the first phase of the R2.1 billion Cornubia development in northern Durban, which includes a Leroy Merlin retail project and future commercial facilities.
Redefine Properties is targeting a 40% capital allocation to Poland while balancing South African retail, industrial and office assets, arguing that active asset management is the principal source of value creation.
Emira Property Fund has accumulated a 23.5% stake in Pretoria-focused REIT Octodec Investments after a R892 million buying spree, while the controlling Wapnick family is backing the inner-city portfolio.
Growthpoint Properties has completed phase one of its R75 million redevelopment of Walmer Park Shopping Centre in Gqeberha, with full completion of the Eastern Cape centre on track for November 2026.
Commercial real estate developers in Nairobi have placed more than 1.6 million square feet of office space into the development pipeline across Westlands, Lavington, Upper Hill and Runda.
JLL's Q2 2026 report on Cairo shows a resilient but evolving property market: residential sales growth is moderating, office supply is rising, and developers are adapting with flexible payment plans.
The Muguku family is in advanced talks to sell The Waterfront Karen Mall in Nairobi for up to Sh9 billion as investors reassess large shopping-centre investments amid a slowdown in Kenya's retail property boom.
A Sunday fire destroyed shops and goods reportedly worth millions of naira at Eda Plaza, a building materials market in Jabi, Abuja.