News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Parts of the Villaggio apartment building under construction in Accra's Airport Residential Area came down during heavy winds that preceded Wednesday's rain, causing panic among residents and passers-by.
Construction has started at the 39.6-hectare Valverde estate outside Somerset West, where land starts at R1.475 million and buyers must begin building within 12 months of purchase.
The Ministry of Foreign Affairs paid about sh18.7 billion for a 0.242-hectare plot on Colville Street that houses Magic Car Parking, with its permanent secretary rejecting claims the price was $8 million.
Teresia Wairimu Kirima says plots on the roughly 1,000-acre Kirima land in Njiru are being sold without her consent, and has told buyers to hold their payments and banks to stop taking the title as security.
Build One South Africa's Cape Town mayoral candidate Roger Solomons has proposed extending the city's municipal property valuation cycle from three years to five and auditing city spending, saying homeowners need more certainty when budgeting for rates.
KADGIS has warned the public against buying plots in six police barracks in Kaduna State, saying it never approved a land layout there or authorised Aftech Industries Limited to sell or allocate land.
The Tema Development Corporation has identified inadequate road access to some of its lands, alongside encroachment, as a major obstacle to expanding commercial real estate as the sector minister reviews agencies under the Ministry of Works, Housing and Water Resources.
Kenya is using its affordable housing programme to draw foreign manufacturers of building materials into local production, KNCCI President Erick Rutto said as the ninth Big 5 Construct Kenya exhibition opened in Nairobi.
The Acholi Parliamentary Group and Operation Wealth Creation have agreed to mobilise funding for Certificates of Customary Ownership, in a push to cut land disputes and unlock agricultural investment in Uganda's Acholi sub-region.