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Published stories attached to the Market news category.
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A Kenyan High Court has ruled that KCB Bank acted within its rights in placing Northcote Business Centre's Kilimani apartment blocks under administration to recover defaulted Sh2 billion ($16 million) loans.
The Nigerian Institution of Estate Surveyors and Valuers has warned that taxation, inflation and government fiscal policies are increasingly shaping the value and performance of real estate assets.
Nigeria's real estate market is projected to grow from $32.2 billion in 2025 to $40 billion by 2030, driven by urbanisation and rising demand for residential, commercial and industrial property.
Once a sparsely developed area on Nairobi’s outskirts, Membley has transformed into a thriving residential and commercial hub. Rising land values, improved roads and strong demand from homebuyers are driving the estate’s rapid expansion.
Veritasi Homes & Properties Plc has formally executed a ₦50 billion Non-Interest Commercial Paper (CP) Programme. The ethical financing initiative will accelerate the delivery of residential communities across Nigeria while expanding the developer's presence in key markets.
Nairobi is facing a housing paradox: the city has a major housing shortage, yet apartment values are falling in several areas. An emerging shift toward larger homes, master-planned communities and better infrastructure is reshaping where buyers want to live.
Republic Bank Ghana has become the title sponsor of the JoyNews Habitat Fair under a new three-year partnership. The expanded initiative will connect prospective homeowners with mortgage providers, developers and other housing-sector professionals across Ghana.
According to the Lagos Island Residential Market Report 2026, average annual rents for two-bedroom apartments across major Lagos Island corridors have surged dramatically between 2022 and 2026, driven by land scarcity, corporate demand, and limited inventory supply.
Minister Ahmed Dangiwa reassures National Housing Fund contributors and mortgage customers that all records remain intact following a fire at the FMBN headquarters, with core systems backed up digitally.