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Commercial

Published stories attached to the Commercial category.

172 items

Page 8 of 20

News

Court Blocks Auction of 14 Riverside Drive Property in Ksh.577M Dispute

The High Court has set aside warrants and auction notices for a property within Nairobi's 14 Riverside Drive development, halting a planned sale in a long-running commercial dispute.

News

Egypt Allocates Over 1 Million sqm for Tourism Projects in Hurghada

Egypt has allocated more than one million square metres across 16 plots in Hurghada for hotel, tourism and entertainment projects expected to add hundreds of hotel rooms.

News

Infinity Developments Buys Beit Al Salaam Hotel in Stone Town

Zanzibar developer Infinity Developments has acquired the Beit Al Salaam Hotel in Stone Town in a multi-billion-shilling deal, expanding its hospitality and real-estate portfolio.

News

FCT Demolishes Abuja’s Peka Park as Owners Allege N1bn Loss

Owners of Peka Park and Garden in Wuse, Abuja, allege that FCT officials demolished property, equipment and investments worth more than N1 billion despite a subsisting court order restraining interference with the premises.

News

University of Rwanda Plans 150-Room Hotel in Huye

The University of Rwanda plans to build a roughly 150-room hotel in Huye offering three- to five-star accommodation and apartments, as it seeks to earn more of its own revenue.

News

Morocco's H&S Group to Build $10.7m Logistics Hub in Agadir

Moncef Belkhayat's H&S Group has agreed to buy a 25,000-square-metre plot in Agadir's Lqliaa Logistics Zone for a $10.7 million logistics platform, its second site in the region.

News

Fire Destroys Shops and Apartments in Koforidua CBD

A late-night fire destroyed a one-storey building housing shops and residential apartments in the central business district of Koforidua, with property reported to be worth millions of cedis lost.

News

Fourways Mall managers win option over up to 15% after turnaround

The asset and property managers of Fourways Mall have been granted a call option over up to 15% of the R8.4 billion shopping centre after vacancies fell from 18.8% to 6.6% under their stewardship.

News

KPMG South Africa to move Johannesburg head office from Parktown to Sandton

KPMG South Africa will relocate its Johannesburg head office from Parktown to Sandton next year, ending almost 30 years at its current premises, with the move scheduled for May.