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Published stories attached to the Commercial category.
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The Tema Development Corporation has identified inadequate road access to some of its lands, alongside encroachment, as a major obstacle to expanding commercial real estate as the sector minister reviews agencies under the Ministry of Works, Housing and Water Resources.
Absa Bank Ghana's new headquarters at Ridge in Accra has achieved IFC EDGE Advanced certification, recognising its energy and water efficiency measures including a 570-kilowatt-peak solar installation.
Hotel101 Global has signed binding agreements with IGI Holding for a country-wide joint venture in Egypt, starting with a roughly 750-room hotel on a 15,984 square metre site in 6th of October City.
Redefine Properties has put R106 million into a 7.014 MWp rooftop solar plant at Brackengate that wheels power across Cape Town’s municipal grid to Kenilworth Centre, Blue Route Mall and the Towers office precinct.
Nine years after completion, Britam Tower still tops Nairobi’s skyline at 200.1 metres — a KSh7 billion Upper Hill development that has become a benchmark for commercial office design and green building in Kenya.
TDC Ghana says Tema Oil Refinery and VALCO owe a combined GH¢581.7 million in rent plus years of unpaid ground rent, with their leases expired and renewal negotiations yet to produce payment.
Durban-based Shree Property Holdings has acquired the former Plascon and Beacon chocolate factories on South Coast Road and will invest about R1.6 billion converting them into roughly 80,000 square metres of logistics warehousing.
Knight Frank's H1 2026 Lagos Market Update shows prime Lagos rents more than doubling since 2023, Grade A office rents steadying near $55 per square metre and values in Abuja's Guzape districts rising 20 to 30 per cent.
Public Works Minister Dean Macpherson and KwaZulu-Natal MEC Martin Meyer say they will urgently challenge a court interdict obtained by Ray Nkonyeni Municipality that stopped the handover of leases for six coastal properties.