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Published stories attached to the Market news category.
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The South African Human Rights Commission has asked the Western Cape High Court to interdict the transfer of 49 City of Cape Town properties sold at a public auction in February, pending a review of whether the disposals breached housing and public participation duties.
An FCT High Court in Abuja has sentenced Kinsley Eselebor, a Federal Capital Development Authority staff member, to 25 years in prison for obtaining money under false pretences and using forged documents to sell two Kubwa plots he had no title to.
Egyptian platform Property Exit has launched to give buyers, investors and owners a structured way to value real estate assets and plan exits, backed by real estate technology firm Gateway Financials.
Awaed Real Estate Investment Fund has closed a second issuance worth EGP 1.77 billion (USD 31.6 million), with the proceeds earmarked for income-generating assets in Madinaty and Al Rehab.
Kenya's liquidated co-operative union has listed vacant plots, maisonettes, rental blocks and unfinished buildings for public auction in November 2026, with sales in Nairobi, Kisumu and Mombasa.
The Property Practitioners Regulatory Authority says exam and audit fees are becoming unaffordable for some agents and agencies, as it granted 49 exemptions in 2025/26 and resolved 1,411 of 1,756 complaints.
Kenya's State Department for Housing has invited bids for a framework agreement of up to 10 years to supply and install sanitary ware across its affordable housing projects, with three to five firms to be selected.
High financing and construction costs are pushing Lagos developers to sell completed homes rather than hold them for rental income, even though renting remains the main tenure for most residents, a Fortren & Company report says.
South Africa's average purchase price climbed 5% year on year to R1.76 million in the third quarter of 2026, but first-time buyers' share of home loan applications slipped to 46.5% as deposits thinned and borrowing costs rose.