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News

Catch up on the latest real estate news, updates, and development stories from African markets.

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Page 31 of 33

Latest News

Tiny South African Seaside Town Sees R15 Million Homes Boom

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.

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Nigeria Heads to Global Summit With 28 Million Housing Deficit

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.

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Special Economic Zones Are Fueling Kenya’s Industrial Property Boom

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.

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Ghana Markets Itself as Africa’s Next Major Investment Hub

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.

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Kenyan Homeowners Forced to Rent Out Homes Amid Financial Pressure

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.

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Kenyan Real Estate Shifts Away From Mega Malls, Knight Frank Says

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.

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Ballito and Umhlanga Emerge as South Africa’s Hottest Property Markets

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.

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Equites Expands South African Logistics Land Bet Amid Warehousing Boom

One of South Africa’s biggest logistics property groups is hunting for more industrial land as demand for warehousing accelerates. The expansion signals continued confidence in the country’s logistics and e-commerce infrastructure market.

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Top South African Shopping Mall Faces Backlash Over Crime and Safety Concerns

One of South Africa’s busiest shopping destinations is under growing pressure over safety fears and rising criminal activity. Shoppers and businesses say worsening conditions could damage the mall’s long-term reputation and foot traffic.