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Published stories attached to the Commercial category.
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Kenya's Environment and Land Court has stopped further construction and dealings on a 0.57-hectare parcel off Lang'ata Road, protecting equipment and businesses linked to Kiambu Governor Paul Kimani Wamatangi pending a Sh14 billion claim against Kenya Railways.
Commercial property owners are sinking boreholes, installing backup tanks and leak-detection systems as municipal water failures threaten tenant operations, independent property analyst Keillen Ndlovu tells Moneyweb.
Hassan Allam Utilities, the Alexandria Port Authority and Al Tarek Capital have agreed to assess developing an integrated logistics hub across roughly 273,000 square metres at Dekheila Port.
Abland and its investment partners have opened the 8,000m² Central Blue Shopping Centre in Blue Downs, fully let and anchored by Superspar, as the surrounding estate moves toward roughly 1,800 homes.
President Hakainde Hichilema has handed over the title deed for land earmarked for COMESA's new headquarters, with the bloc holding its 25th summit of heads of state and government in Harare.
Works Minister David Umahi has accused Landmark Africa of land grabbing along the Lagos beachfront and threatened legal action against its chief executive, escalating a dispute over the Lagos-Calabar Coastal Highway's right of way.
At the South African Council of Shopping Centres congress in Durban, retail strategists argued that centres must offer ticketed experiences and membership perks, with e-commerce now about 10% of local retail sales.
The Western Cape-focused real estate investment trust grew distributable income per share 8.02% to 47.29 cents on a 28.14% rise in revenue, after raising R1 billion in new equity and completing R1.4 billion of acquisitions.
The Ministry of Foreign Affairs paid about sh18.7 billion for a 0.242-hectare plot on Colville Street that houses Magic Car Parking, with its permanent secretary rejecting claims the price was $8 million.