News
Catch up on the latest real estate news, updates, and development stories from African markets.
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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.
Saudi investment fund Asl Holding has acquired Alkayan Technical Alarabia and Zurich Developments, adding seven projects to its Egyptian real estate portfolio.
Pan-African developer Mixta Africa has welcomed Nigeria's proposed housing reforms while urging independent verification of construction milestones and better access to construction finance.
Knight Frank Uganda's Ankole Real Estate & Infrastructure Conference in Mbarara spotlights the Western Ugandan city's growing property and infrastructure investment market.
Cynosure Realty Ltd, Omec Properties and Kopitar Limited have unveiled Amani Abuja, a proposed 15-hectare residential development in the Kabusa-Sheretti area of Abuja comprising three communities.
The National Bank of Egypt and Banque Misr have arranged an EGP 8 billion syndicated facility to finance part of the investment cost of Palm Hills Developments' New Cairo project.
Women now outnumber men among sole owners of non-subsidised properties in South Africa, though men still own higher-value assets, according to property data company Lightstone.
Satellite towns and peri-urban areas are growing 20-30 per cent faster than Nairobi as infrastructure improves, according to a new LEAF Africa report on real estate investment in Africa.
The Federal Government and Family Homes Funds Limited are set to commission 1,600 bed spaces at Akwa Ibom State University, the first university-level delivery under the National Student Housing Programme.