Africa Property
Improved Zim economic sentiment set stage for SA Property Companies
Zimbabwe’s economic growth for 2013 has seen a slight improvement from last year, offering scores of opportunities to South African based property companies. ... Full story
Actis breaks ground on R2.4bn Garden City development in Nairobi
Garden City, Nairobi’s flagship retail, residential and commercial property development, broke ground today at a celebration ceremony in the presence of over 100 distinguished guests, including the Governor of Nairobi, Dr. Evans Kidero.
No significant change to resident article of new Mauritian treaty
The Mauritian/South African double tax agreement which entered into force in 1997 has been renegotiated. There are three main amendments to the 1997 double tax agreement.
Protea Hospitality Group to expand its Hotel in Zambia
In response to the rapidly growing demand for business travel in Zambia‚ Protea Hospitality Group said on Monday it was significantly expanding its Protea Hotel in Lusaka as part of its African expansion drive.
Hotel Groups talk success factors for African expansion
Hotel Groups have identified Africa as their next growth market, as economic growth and the big cities’ urbanisation are presenting lucrative opportunities for the hospitality industry.
Billion Group drives expansion outside South Africa
The Billion Group, a property developer is undertaking 12 retail shopping centre developments in Africa in an effort to expand its footprint and diversify its income away from a single economy.
PIC in African Property Investment drive
The Public Investment Corporation (PIC) is awaiting final approval to invest up to R12 billion in commercial real estate in various countries across Africa, the PIC’s first foray into property markets outside SA’s borders.
Sluggish economy weighs on Zimbabwe’s Real Estate Market
Zimbabwe has been facing political and financial turmoil for more than a decade, derailing the government’s ability to function and respond to crises, adding pressure to the country’s real estate sector.
Sanlam lists African Real Estate Fund in Mauritius
SA's Investment giant, Sanlam announced its newly sub-Saharan Africa Real Estate Fund listed on the Stock Exchange of Mauritius late last week.
New Property Sector Emerging in Africa
A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses, according to Belinda Clur, managing director of Clur Research International.
Broll is making significant inroads into Africa
Headquartered in South Africa, Broll is making significant inroads into Africa, opening three new offices on the African continent in 2013.
SA businesses encouraged to invest in Africa
President Jacob Zuma has encouraged South African businesses to invest in Nigeria and the continent to promote intra-Africa trade.
HBW Group plans to list African property fund
South African real estate developer HBW Group Pty Ltd. plans to raise $85 million (£55 million) by selling shares in an African property fund as retailers look for land to expand in the world’s second-fastest growing region.
Liberty plans to expand footprint in Africa
Liberty first foray into Africa, through its role as the development manager of Levy shopping centre in Lusaka, the company now looks at broadening their footprint by launching an African Direct Property Development Fund in 2013.
Zimbabwe's Commercial Property braces for Tenant Profile Shift
Zimbabwe's commercial properties are bracing for a shift in tenant profile, driven by a change in clients' taste and preferences, according to Old Mutual, the country's largest property market player.