Foreign Estate Investment: Opportunity or Threat to Nigeria's Real Estate Market?
Foreign capital is reshaping Nigeria's real estate sector, bringing funds and technology while raising questions about affordability and local participation.
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Foreign capital is reshaping Nigeria's real estate sector, bringing funds and technology while raising questions about affordability and local participation.
Jackie van Niekerk, the new SA Reit Association chair and CEO of JSE-listed Attacq, says the listed property sector remains resilient despite economic uncertainty.
Sabreworks Real Estate Investment Limited, developer of the Grosvenors Place commercial project in Ikeja, Lagos, says a delegation of foreign investors has signed an investment memorandum after visiting the site this week.
Sandton's property investment proposition is broadening beyond offices as investors assess opportunities where industrial, residential, retail and hospitality demand converge.
The inaugural Tanzania Real Estate Expo and Forum (TAREX) will hold from November 20 to 22 in Dar es Salaam, bringing together developers, investors and financiers from across East Africa.
Real estate entrepreneur Lord King Mohammed Adah has pledged a fully furnished property worth N500 million in Abuja to the NBM of Africa Worldwide, a landmark humanitarian commitment.
Analysts say persistent rental growth across cities is strengthening the case for patient capital to invest in larger residential assets, with mid-market multifamily properties emerging as a focus.
The Chief Emeka Agba Foundation has petitioned Nigeria's EFCC to examine Dubai-based Rise Properties LLC ahead of property investment marketing events scheduled for Abuja in September.
Specialist retail real estate investment trust Vukile Property Fund has raised R1.1 billion through an oversubscribed debt auction that drew R3.65 billion in bids.