Commercial

Published stories attached to the Commercial category.

172 items

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The changing shape of Kenya's retail property

Kenya's shopping centres are rethinking what keeps a retail property alive as weaker household spending makes the traditional mall formula less dependable, market analysis shows.

News

South Africa's wealthy Moolman family just sold nine shopping malls for $124 million

The Moolman Group agreed to sell nine shopping centres across South Africa for 2 billion rand ($124 million) to Dipula Properties, marking the largest acquisition in the listed REIT's history.

News

Nigerian real estate mogul Sijibomi Ogundele repays $30 million debt as corruption inquiry continues

Nigerian luxury property developer Sijibomi Ogundele says his Sujimoto Group has repaid more than N40 billion ($29.8 million) in debt and aims to be debt-free by January 2027, while an EFCC investigation into alleged fund diversion at Enugu's Smart Green Schools project continues.

News

Growthpoint Turns Ninety One's Cape Town HQ Into a Lower-Carbon Asset

Growthpoint's 36 Hans Strijdom building in Cape Town has secured Net Zero carbon level 2 certification from the GBCSA, as the property firm shifts assets to lower-carbon operations.

News

Marriott International Debuts Marriott Hotels and Marriott Executive Apartments in Uganda

Marriott International has opened Kampala Marriott Hotel and Marriott Executive Apartments Kampala, marking the debut of both brands in Uganda.

News

Kenya's Property Market Remains Resilient as Demand Shifts Towards Quality, Convenience and Institutional-Grade Assets

Knight Frank Kenya's H1 2026 market update shows a resilient property market, with prime office occupancy rising 4.05% and prime residential sale prices up 6.2%.

Article

Building communities better than building properties – Opatola

Immediate past FIABCI-Nigeria President Akin Opatola argues that real estate development should prioritise community building over mere property construction as the industry seeks greater international recognition.

News

Sibaya Coastal City comes to life as key property projects accelerate

Devmco Group says Sibaya Coastal City has shifted from planned growth to visible delivery, with 135 development sites now in active construction along KwaZulu-Natal's north coast.

News

Estate developers seek land reforms, subsidies to cut housing costs

REDAN has called for reforms to Nigeria's land titling system and government-backed housing subsidies, citing Egypt's model where support cut low-income housing costs by about 60 per cent.