Market news

Published stories attached to the Market news category.

428 items

Page 38 of 48

Transnet to Dispose of Carlton Centre, Durban Station Precincts and 13 Other Properties

State-owned Transnet plans to sell 15 non-core commercial properties, including the historic Carlton Centre in Johannesburg and the Durban Station precinct.

News

Real Estate Growth Can Stimulate FDI Inflows, New FIABCI Nigeria President Says

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.

Article

From Sh500,000 to Sh30m an Acre: Ole Kasasi's Rise to a Property Hotspot

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.

News

Grit's Sh20.9bn Kenya Property Empire Under Pressure as LSE Suspension Persists

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.

Article

Housing Costs Soar Across Major African Cities as Urban Growth Outpaces Supply

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.

News

Aqar Exit Launches in Egypt to Help Distressed Property Buyers

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.

News

Mbarara Real Estate Growth Takes Centre Stage at Ankole Conference

Knight Frank Uganda's Ankole Real Estate & Infrastructure Conference in Mbarara spotlights the Western Ugandan city's growing property and infrastructure investment market.

Article

Kenya vs Rwanda: Report Compares East Africa's Two Property Markets for Investors

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.

Article

Sujimoto's Ogundele Says N40bn Repaid, Targets Full Debt Clearance by 2027

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.