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Published stories attached to the Market news category.
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Page 28 of 48
Cape Town's V&A Waterfront paid Growthpoint Properties R964.7 million in distributable income for the year ended 30 June 2026, up 19%, as the REIT reported flat revenue of R13.3 billion.
Nairobi landlords are increasingly leasing vacant office space to flexible workspace operators through revenue-sharing partnerships, as older buildings lose tenants to modern Grade A developments, a Knight Frank report shows.
The share of Kenyan banks expecting non-performing real estate loans to rise over the next quarter nearly doubled to 27 per cent in June, according to the Central Bank of Kenya's latest credit survey.
Ghana's Court of Appeal has dismissed a claim of more than US$1.2 million in commission by law firm KAA Law against the Bank of Ghana over the land on which the central bank's new headquarters was built.
Bank credit to Nigeria's real estate sector rose to N814.996 billion in the first quarter of 2026, but lending rates of 23 to 38 per cent are putting developers under severe repayment pressure.
Royal Mabati Factory has sued Vintage Mabati Mills and four former consultants in the High Court in Nairobi, alleging its registered trademarks and designs were copied to build a rival roofing business.
A new ranking of Nigeria's top 10 property developers puts Mixta Nigeria first with 23,000 completed residential and retail units across nine projects.
A Panterra Real Estate Group report shows building material prices in Nigeria rose by as much as 440% between 2019 and 2026, with cement, iron rods and roofing sheets leading the surge and putting affordable housing further out of reach.
An industry report projects Nigeria’s real estate market will grow at a compound annual rate of 6.9% between 2025 and 2029, outpacing Kenya, Rwanda, Ghana and South Africa, thanks to rapid urbanisation and a persistent housing shortage.