Category
Published stories attached to the Development category.
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SA listed property specialists say improving retail and industrial fundamentals could support the sector despite weak domestic growth, with potential annual total returns of 14% to 17% over the next two to three years.
The Chairman of the Mayor of Housing Group says Nigeria can unlock up to 95% of its largely untapped real estate potential and attract massive investment by strengthening regulation, building investor trust and digitising land administration.
Three investors have announced plans worth more than Sh5.5 billion to build luxury hotels and serviced residences in Nairobi's Gigiri, targeting diplomats and international organisations as the UN campus expands.
Egyptian developer Modon Developments is investing about EGP 5 billion in its Green River Tower in the New Administrative Capital, where construction has reached about 52% and completion is targeted within eight months.
President Samia Suluhu Hassan will on September 8 inaugurate phase two of the Mtumba Government City in Dodoma, a Sh698 billion ($270 million) complex of 26 ministry buildings expected to house about 18,510 government employees.
Akademia's R3.2 billion campus under construction east of Pretoria is lifting the surrounding property market, with agents reporting surging land prices and rising interest in student accommodation.
Property owners in Dar es Salaam's Sinza ward say they will file a court case challenging the draft 2026/2046 redevelopment plan, which they claim threatens their property rights.
M squared, the real estate arm of Intro Holding, announced that its Masyaf Ras Al Hekma destination has reached approximately 41% overall construction completion, with phase one on track for delivery by the end of 2027 and total sales reaching 70% of the project's inventory.
Kenya's affordable housing programme is advancing at sharply different speeds across regions, with over 220,000 units under development but only 14,219 allocated so far, raising concerns that priority is going to the privileged rather than the lowest-income households.