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Delta Africa to acquire Mauritian property

Delta Africa is to acquire a new A-Grade property in Mauritius from Jade Towers for USD13.1m‚ says group.. ... Full story

Growthpoint Properties JV’s with Investec to pursue Real Estate in Africa

SA’s largest Reit, Growthpoint Properties today announced the launch of a pan-African real estate investment in several African markets outside of South African borders.

Work to be done to attract Property Investors — Central Africa

Central Africa’s organized property market has been slow to develop and the listed part of the sector has a long way to go before investment enters from other countries.

R800m Ghana's Achimota Retail Centre opens

Achimota Retail Centre in north-eastern Accra has opened doors, sporting more than 50 shops, restaurants, fast-food outlets and a traditional Chop Bar - a uniquely Ghanaian gourmet outlet.

Stanlib gets thumbs up to launch Kenya’s first Real Estate Investment Trust

The adoption of the Real Estate Investment Trust (REITs) structure in Kenya, which is recognized in most of the key property markets internationally, has received regulatory approval from Kenyan Authorities.

Acsa on the doorstep of acquiring advisory tender in Ghana

State-run Airports Company SA (Acsa) is finalizing a deal to advise the operator of Ghana’s main airport on the construction of a new international terminal, with funding from the Development Bank of Southern Africa (DBSA).

Sub-Saharan Africa Affordable housing in great demand

The Minister of Finance, Nhlanhla Nene addressed a conference about affordable housing which took place in Johannesburg last week, saying that the public and private sectors needed to work closer together in addressing the development of sufficient low-cost housing to meet tremendous market demand.

Growthpoint Properties eager for African Real Estate expansion

SA Commercial Prop News says South African property businesses will have to look to the rest of the continent if they want to achieve the right levels of growth.

Nairobi’s $540m Garden City opens its doors

Pan-emerging markets investor, Actis on Wednesday inaugurated the new $540 million Garden City in Nairobi with the announcement of a new Business Park.

African Investments can emulate East Europe success

Eastern European markets may be easier to enter into and invest in compared with African markets but African markets offer tremendous opportunities for investors — SA Commercial Prop News has learned.

Investors eye real estate across Africa

A growing consumer middle class, helped by rapid urbanisation and shifting demographic trends, is driving property demand and growth opportunities in the real estate industry across the continent.

Real estate in Africa continues to drive growth potential

A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent.

Delta International's Africa trek gains traction

Delta International has had a tough 12 months.

No rush for African REITs

It could take years before there are Real Estate Investment Trusts (REITs) in African countries other than South Africa.

Kenya’s Two Rivers Mall nears completion

Construction of Two Rivers Mall in Nairobi will be completed by October this year with the development reportedly set to be the largest shopping mall in East Africa.

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