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

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Latest News

Court Blocks Kenya State Attempt to Seize Mombasa Apartments

The High Court has stopped the government from taking control of multi-million shilling apartments in Mombasa linked to a controversial foreign businessman. The ruling raises fresh questions about how far civil asset forfeiture powers can go.

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TRIFIC Launches Kenya’s First USD Green REIT Worth $37M

Investors can now buy into Nairobi’s first dollar-denominated green REIT. The offer targets stable USD returns backed by fully leased commercial towers in a Special Economic Zone.

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Kenya’s Real Estate Shift From Speculation to Infrastructure-Driven Growth

Kenya’s property boom is no longer about flashy developments or quick flips. Investors are now chasing logistics hubs, data centres, and infrastructure-linked assets, reshaping the market.

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KMRC Bond Oversubscribed 312% as Investors Chase Affordable Housing Yield

Demand for Kenya’s affordable housing finance just exploded, with KMRC’s latest bond attracting over three times the amount it sought. The oversubscription signals strong investor appetite for long-term, stable returns in the housing sector.

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Express Kenya Launches Rights Issue Amid Deepening Losses

Express Kenya is asking shareholders for fresh capital after more than a decade of losses. The move raises questions about dilution, survival, and whether investors still believe in its turnaround plan.

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Sasini Loss Deepens as Sh7.9bn Gulmarg Deal Collapses

Sasini’s earnings took another hit as its half-year loss widened and a major Sh7.9 billion asset sale fell through. The failed Gulmarg deal removes a key liquidity boost investors had been pricing in.

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TRIFIC Launches Kenya’s First USD Green REIT on NSE

A new dollar-denominated REIT is giving investors exposure to Nairobi’s premium commercial real estate from just $1,000. The listing signals a shift toward greener, institutional-grade property investment in Kenya.

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New Tech Is Turning Idle Land Into a Real Estate Asset

Thousands of landowners are sitting on valuable property without realizing its full potential. New digital tools are helping unlock hidden value and connect land directly to developers and investors.

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Ghana Targets Unlicensed Real Estate Agents in New Enforcement Drive

Ghana’s real estate regulator is preparing a major crackdown on unlicensed agents and brokers. The move aims to curb fraud, improve transparency, and restore trust in property transactions.