News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The Nairobi Rivers Commission is re-demarcating the Kibagare River through Parklands to create a public park inside a 30- to 60-metre riverbank buffer, part of Ksh50 billion Nairobi River regeneration frameworks.
Acting Rent Commissioner Frederick Opoku has ordered a landlady at Lashibi Community 16 to let a tenant back into her room, saying only a court, not Rent Control, has the power to evict.
The Federal Government wants to lift the maximum mortgage loan from N50 million to N85 million and channel up to 40% of mortgage bookings to informal-sector workers, Housing Minister Muttaqha Rabe-Darma said at the national lands and housing council in Sokoto.
The Municipality of Okahandja intends to dispose of residential and other properties by private treaty, including a four-hectare portion to Beefcor Meat Suppliers for N$600,000, with objections due by 16 October.
Cape Town Mayor Geordin Hill-Lewis opened the upgraded Haven night shelter in Kensington on 15 October, lifting capacity from 80 to 200 beds as the city's shelter network passes 1,300 beds.
Special Homes Limited, the property company of Ghanaian businessman Dr Ernest Ofori Sarpong, is developing Special Towers on Lagos Avenue in East Legon, with studios to penthouses being sold off-plan.
The Parklands Residents Association says approvals for changes of use, densification, demolitions and building works issued after 14 October 2026 are null and void because Nairobi City County missed court-ordered planning deadlines.
Benjamin Onigbinde, chief executive of Sigvent Property Trust and convener of Housing First, says Nigeria's target of 200 housing units per local government area will not be met without harmonised federal and state policies on land, approvals and mortgages.
Growthpoint Properties has started work on the last vacant stand at its Growthpoint Industrial Estate in Gauteng, building a purpose-designed facility for logistics tenant DPD Laser on a seven-year lease.