News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Some Cape Town property owners say a hidden municipal classification issue is quietly driving up their rates bills. Critics warn the system could damage affordability and property values in affected areas.
Rent hikes across Lagos are pushing tenants to breaking point, but landlords say they are under pressure too. Developers and agents blame inflation, construction costs, and economic instability for the city’s worsening affordability crisis.
Luxury homes worth up to R15 million are selling fast in a small South African coastal town where average incomes remain far lower. The surge is exposing the growing divide between lifestyle-driven property demand and local affordability realities.
Nigeria is entering a major global housing summit while battling one of Africa’s largest urban crises. Rising rents, flooding, overcrowding, and weak planning are pushing millions deeper into housing insecurity.
Kenya’s industrial real estate market is shifting from hype to large-scale execution. Special Economic Zones are now driving demand for warehouses, factories, and logistics infrastructure across the country.
Ghana is aggressively pitching itself to global investors as competition for African capital intensifies. Officials say new reforms and strategic positioning could unlock major long-term opportunities across key sectors.
Some Kenyan homeowners are abandoning their dream homes and moving into cheaper rentals just to stay afloat. Rising living costs and loan repayments are forcing families into difficult housing decisions.
Kenya’s retail property market is moving beyond giant shopping malls as developers chase new consumer habits. Knight Frank says smaller, mixed-use, and experience-driven spaces are becoming more attractive investments.
Two coastal towns in KwaZulu-Natal are outperforming much larger South African property markets. Buyers are flocking to Ballito and Umhlanga for lifestyle living, security, and long-term investment appeal.