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Published stories attached to the Market news category.
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Ayodeji Odeleye, the new president of FIABCI Nigeria, says real estate growth can attract millions of dollars in foreign investment and position Nigeria as Africa's reference point for international investors.
Land prices in Ole Kasasi, a fast-growing Nairobi satellite town in Kajiado County, have climbed from as little as Sh500,000 an acre about 15 years ago to as much as Sh30 million in prime sections.
Grit Real Estate Income Group, which owns malls, luxury homes and offices in Kenya valued at over Sh20 billion, remains suspended from the London Stock Exchange over delayed financial results.
Rents have reached record levels in several African capitals, with Lagos ranked the continent's most expensive city for residential rents, as urbanisation outpaces housing supply.
New Egyptian platform Aqar Exit connects property buyers facing financial difficulty with new buyers at existing contract prices, attracting over 15,000 users in its first week.
Knight Frank Uganda's Ankole Real Estate & Infrastructure Conference in Mbarara spotlights the Western Ugandan city's growing property and infrastructure investment market.
A new report projects Kenya's real estate market to grow at 5.1 per cent CAGR between 2025 and 2029, ahead of Rwanda's 3.6 per cent, while highlighting Kigali's planning stability as a counterweight for investors.
Luxury developer Sujimoto Holdings says it has repaid more than N40 billion to banks and private lenders after 14 months of financial pressure, with a pledge to clear all legitimate obligations by January 1, 2027.
Women now outnumber men among sole owners of non-subsidised properties in South Africa, though men still own higher-value assets, according to property data company Lightstone.