News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Vukile Property Fund is rolling out value-add projects across its township and rural malls and has bought Botshabelo Mall for R433m, after lifting its South African retail portfolio valuations by R2bn.
Title deed issuance fell 35.3 per cent to 282,392 in the year to June 2026, the first annual decline in five years, as land transactions slowed and bank lending to real estate contracted.
Société Doucouré Immobilier has launched a 15-year programme to deliver 25,000 social and affordable homes across Senegal, using rent-to-own payments and prefabricated construction to lower the cost of homeownership.
NeoHomes Limited has unveiled Mawa Residence, a 2.4-hectare residential development in Galadimawa, Abuja, backed by a Federal Capital Development Authority certificate of occupancy.
Devtraco Plus, the premium development arm of Devtraco Group, has unveiled LOTUS at Airport Residential in Accra, a two-tower residential development off Patrice Lumumba Street.
Newlyn Group’s 150,000-square-metre logistics park on Cape Road in Gqeberha is advancing, with the first 10,000-square-metre warehouse due for completion by December 2026.
South Sudan has formally asked Tanzania to allocate land for an inland container depot, after securing designated space at the ports of Dar es Salaam and Tanga earlier this year.
Nairobi Governor Johnson Sakaja has told senators the Jeevanjee affordable housing project is complete, even as hundreds of buyers who committed savings more than seven years ago say they are still waiting for the homes.
Addis Ababa is showcasing how it links infrastructure, public services and early childhood development to build more inclusive cities, hosting more than 55 African mayors at the AMALI Mayors Leadership Forum.