Category
Published stories attached to the Investment category.
293 items
Page 13 of 33
Singapore's Banyan Group has acquired a majority stake in Newmark Hotels & Reserves, adding 26 hotels, lodges and game reserves across seven African countries. Founder Neil Markovitz stays on as chief executive.
The University of Cape Coast has signed a memorandum of understanding with GSC Property Investment for a US$500 million student accommodation project comprising 28 hostel blocks under a public-private partnership.
Addoha, Alliances and Residences Dar Saada raised combined first-half revenue by nearly 8.5% to more than 3 billion dirhams, driven by state housing subsidies and resettlement programmes, even as the sector's stock index fell.
Zimbabwe's capital is undergoing its biggest construction wave in decades, with the investment agency recording $2 billion in real estate commitments in the first quarter as high-end projects reshape Harare's skyline.
The 110-kilometre Senator Rashidi Ladoja Circular Road under construction in Ibadan could redraw the city's property map, opening new residential, commercial, industrial and logistics corridors — provided land speculation is kept in check.
Listed Accelerate Property Fund has disposed of Cedar Square, its second-largest asset, for R630 million to an entity owned by Big Apple Trust, in a deal that will require shareholder approval.
A new Ethiopian directive allows non-nationals to register a house in their own name for the first time since the Derg era, with entry prices starting at US$100,000 and a five-year residence permit attached.
New Africa Developments has concluded its purchase of Kalahari Mall in Upington after unconditional Competition Tribunal approval, marking the investor's entry into the Northern Cape.
Housing Finance Bank is expanding its Hoima operations and widening its micro-lending offer, as rising economic activity in Uganda's Bunyoro region fuels demand for housing, agriculture and small-business finance.