News
Catch up on the latest real estate news, updates, and development stories from African markets.
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One of Africa's biggest property owners is selling billions in real estate—but it's not a sign of trouble. The move is part of a major portfolio reshuffle focused on higher-performing assets.
A deadly building collapse in Lagos has renewed concerns over construction safety. Authorities have now ordered inspections of nearby structures as rescue efforts come to an end.
Higher borrowing costs were expected to slow the housing market—but buyers aren't backing down. Homes across South Africa are now selling faster than they were just months ago.
South Africa's housing crisis has secured fresh international backing. A €20 million loan will help deliver more affordable homes while supporting more sustainable urban growth.
Luxury homes no longer need land. Cape Town has unveiled Africa’s first floating luxury residences, signaling a new direction for waterfront living and investment.
Property fires in Bulawayo have surged 60% this year, with ageing electrical systems emerging as the biggest threat. City officials warn that poor wiring, overloaded circuits and weak safety compliance are putting homes and businesses at growing risk.
Thousands of homes and businesses across Harare could be demolished as authorities intensify a citywide crackdown on illegal land occupations. The move is targeting settlements built on wetlands, public land, and sites reserved for schools and clinics, sparking fears of mass displacement.
A new Zimbabwean REIT is opening retail property investment to everyday investors from just USD 100. Pfuma REIT plans to double its portfolio value while paying quarterly USD dividends backed by income-generating retail assets.
Tanzania’s mortgage market grew nearly 11% year-on-year despite relatively high lending rates. Rising housing demand and steady economic growth are helping drive expansion across the sector.