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Africa on a roll with a clutch of new Cities

Once an area that foreign investment shied away from, Africa has become an investment hotspot, changing dramatically with commercial and residential property developments mushrooming in the continent. ... Full story

Global megatrends driving Real Estate growth opportunities in Africa

Rapid urbanisation, population changes, and other global megatrends including industrialisation, technology, and sustainability in city planning will drive growth in the real estate industry across Africa over the next five years, PwC said in a report released last week. ... Full story

Surge in Ultra High Net-Worth Individuals on the African continent set to rise

The number of Ultra High Net-Worth Individuals in Africa is expected to increase by 59% over the next 10 years, the Wealth Report 2015 compiled by Knight Frank with support from Standard Bank Wealth and Investment, released on Tuesday has asserted. ... Full story

Bricks and Mortar Retail still has a vital role to play for brands

While the digital age has encouraged more consumers to shop and browse products on the web, physical stores are still primary destinations for shoppers in Africa, according to PwC's annual consumer survey. ... Full story

Sub-Saharan Africa tops global index in CRE transparency improvement

Where transparency broadens, real estate capital flows and market change follows. ... Full story

Economic growth in Africa expected to reach 5.2%

According to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects, economic growth in Sub-Saharan Africa continues to rise from 4.7 percent in 2013 to a forecasted 5.2 percent in 2014. ... Full story

Sub-Saharan Africa can maintain 6% growth

Sub-Saharan Africa can meet growth expectations of more than 6% this year, despite a slowdown in China, but the outlook for North Africa is more uncertain, the president of the African Development Bank said on Friday. ... Full story

Commercial Real Estate set to benefit as African urbanisation accelerates

As the world's most rapidly urbanising continent, the Sub-Saharan African commercial real estate market is primed for a "once in a lifetime" positive growth opportunity, supported by expanding middle classes, new infrastructure investment and deepening corporate footprints. ... Full story

Retail developers encouraged by Africa’s project yields

Increasingly, retail developers are eyeing Africa's rapidly growing consumer markets as the scope for investment is steadily cumulative and demand for more formal retail options from shoppers is following suit. ... Full story

Sub-Saharan Africa tops Retail Property Investment

Sub-Saharan Africa has become the hub of retail property activity, accounting for project developments worth R30,6 billion under construction and others set to break ground before the year end. ... Full story

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