News
Catch up on the latest real estate news, updates, and development stories from African markets.
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A Nigerian real estate company has been shut down by regulators after buyers allegedly paid for land they never received. The case highlights growing scrutiny of consumer protection failures in the property sector.
Kenya’s property sector is being reshaped by technology, financing, and sustainability trends. Developers like Superior Homes are leveraging digital tools and greener designs to meet rising middle-class demand.
Nigeria says more than 15,000 housing units are currently under construction nationwide. The government believes the projects could provide homes for tens of thousands of families within months.
Developers across Kenya are slowing new projects as political uncertainty ahead of the 2027 elections reshapes investor behavior. Capital is shifting toward safer, demand-backed assets like housing, SEZs, and logistics.
CIC Insurance has unlocked KSh1.8 billion by selling major land parcels near Tatu City and in Kajiado. The move reflects growing pressure on insurers to convert land holdings into liquid capital.
Nairobi’s once-hot prime property market is losing momentum as prices flatten in core zones. Buyers are now shifting capital toward peri-urban towns with better infrastructure and lower entry costs.
Kenya’s first logistics-focused REIT has raised nearly $30 million ahead of its NSE debut. Strong investor demand signals growing appetite for warehouse and supply-chain real estate.
Standard Chartered is moving to recover over Sh2 billion from Nakumatt-linked assets through the auction of prime land in Nairobi, Nakuru and Mombasa. The case highlights the long financial fallout from one of East Africa’s biggest retail collapses.
Buying land in Ghana can still come with intimidation, disputes, and security risks. The persistence of land guards is undermining investor confidence and complicating property ownership.