Abuja — Construction has began in Nigeria's capital city of Abuja on a new $68 million shopping centre, Novare Gateway Mall, scheduled to open during the third quarter of 2017..
Given the poor performance of the rand and inflation, South African property investors have made their mark on the real estate industry across Central and Eastern Europe (CEE) in the last 12 months..
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings.... Full story
Stanlib the investment bank, believes right now investors need to put their money into developed markets as Africa offer too much economic and political risk.
African property developers could soon see more competition from South African funds as they look to invest out of South Africa with that country expected to receive a credit ratings downgrade in the near future.
Kenya is dominating East African property developments because of its stability and investment opportunities, Africa Property News.com has learned.
While terrorism has not yet had a severe effect on real estate in Nigeria, Africa’s largest economy, there are concerns that security needs to be heightened to prevent any future serious damage to the sector.
Burundi’s real estate market has been stifled by unrest in the country for decades. Currently rebels in the country are trying to oust the country’s President Pierre Nkurunziza.
There is a scramble for African property assets as investors look to gain first mover advantage in the continent.
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings. ... Full story