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Market news

Published stories attached to the Market news category.

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News

Aqar Exit lists units worth EGP 72.2bn in first index of Egypt's off-plan assignment market

Egypt's Aqar Exit platform recorded 9,839 assignment files and units worth an estimated EGP 72.2 billion in its first 28 days, with lower-priced properties drawing the strongest buyer demand.

News

Wealthy foreign buyers turn to Barrydale as Western Cape lifestyle town gains appeal

International buyers account for about 15% of property sales in Barrydale, spending between R2.5 million and R5 million on homes in the Western Cape town, as demand grows for lifestyle properties beyond South Africa's major cities.

News

Boland property prices rise as buyers target Robertson, Montagu and McGregor

Property prices in South Africa's Boland towns of Robertson, Montagu and McGregor are climbing as younger buyers and developers move into the region, according to Pam Golding Properties.

News

South-South property prices soar as $1 billion port upgrade fuels land rush

Nigeria's $1 billion Port Modernization Programme is driving a real estate boom across the South-South region, with industrial warehouse leasing rates spiking 45-65% year-on-year as Port Harcourt, Calabar and Warri attract logistics investment.

News

Cape Town ratepayers warn of rates affordability crisis as municipal costs climb

Cape Town civic groups say rising property valuations, tariffs and housing costs are straining households, while the city defends its relief measures and lowest-cost claims.

News

Egypt's Nawy Now sells EGP 633m mortgage portfolio to fund in second issuance

Nawy Now, the mortgage arm of Egyptian real estate platform Nawy, has offloaded EGP 633 million of mortgages to an investment fund in its second issuance, freeing up balance-sheet capacity.

News

Nigeria's housing ministry, CIPMN partner to strengthen project management in housing delivery

The Federal Ministry of Housing and Urban Development and the Chartered Institute of Project Managers of Nigeria (CIPMN) have agreed to collaborate on improving project management and delivery in the housing sector.

News

Noah Real Estate denies unilateral contract terminations as Addis homebuyers seek court injunctions

Ethiopian developer Noah Real Estate says it has received no court summons, responding to homebuyer petitions over price adjustments and apartment size variations that have triggered temporary injunction applications.

News

Egypt opens applications for 25,000 rental and rent-to-own housing units from September 20

Egypt's Housing Ministry will accept applications from September 20 for 25,000 housing units offered under rental and rent-to-own schemes, targeting low-income citizens and young couples.