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Published stories attached to the Investment category.
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Nigerian developer MKH Properties has signed a N30 billion commercial paper programme, with a first 364-day series yielding 25.0001%, as it moves to fund project delivery across its Lagos and Ibadan estates.
A South African consortium led by former Sibanye-Stillwater chief executive Neal Froneman is working with Rothschild & Co. on an R6.7 billion motorsport complex north of Cape Town that would include an F1 circuit, hospitality and residential property.
Egyptian developer New Plan Developments says it will deliver 1,700 units this year and spend about EGP 2.5 billion on construction, as execution and handover become key measures of developer performance.
Property lawyers say off-plan buyers in Kenya cannot assume a full refund when a development stalls, after a Nairobi investor lost about Sh450,000 on apartments whose construction never took off, with the courts awarding restitution only where a developer's breach is fundamental.
A new Panterra Real Estate Group report ranks Ghana first among 16 West African countries for real estate investment attractiveness, ahead of Cote d'Ivoire and Nigeria, while Nigeria leads on investment opportunities.
UPDC Real Estate Investment Trust was the Nigerian Exchange's top gainer for the week ended September 18, rising 34.91 per cent to ₦18.55, a repricing that has run ahead of a first-half earnings increase driven by an 88.35 per cent jump in rental income.
QORE has entered Egypt's real estate development market with a EGP 30bn investment programme through 2030, starting with the mixed-use Maydan project in partnership with Inversion, Hafez Consultants and TSM Asset Management.
A black woman-owned three-star hotel in White River, Mpumalanga, has received more than R3.5 million in blended government and development-finance funding to expand and upgrade its facilities.
Egypt's Cabinet has approved a draft decision establishing an investment zone for Qatari Diar's Alam Al Roum project, a mixed-use development covering about 4,900 feddans on the North Coast, with total targeted investments of $29.7 billion.