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New urbanism heralds a return on property demand and development in Africa

The concept of new urbanism in Africa, hailed as a fresh approach to urban living from both a town planning and architectural perspective, has far-reaching implications from a property demand and development point of view. ... Full story

SA Shopping Centre Investor grows asset base to $172m in sub-Saharan Africa

Hyprop Investments, South Africa’s third largest JSE-listed real estate investment trust (REIT) on Monday reported that its asset base in sub-Saharan Africa had increased to $172 million (ZAR R2 billion). ... Full story

Pan-African property fund bullish on Africa growth story

Delta International Property Fund listed on the Bermuda Stock Exchange (BSE) and JSE’s AltX bourse, is on a crusade to take advantage of the African growth story and bolstering its investments in the continent. ... Full story

Board member reshuffle to steer embattled SA’s cement producer

PPC’s newly constituted board will have to work fast to arrest the cement maker’s decline in market value and repair its dented public image. Its shares fell to an almost 10-year low on Monday. ... Full story

SA’s Redefine Properties acquires bulk property assets for $352m

Redefine Properties, SA's second largest Real Estate Investment Trust (REIT), on Wednesday added Leaf Capital portfolio of commercial properties for $352 million to its shopping basket, substantially enhancing its office portfolio in the Western Cape. ... Full story

Lafarge-Holcim merger sparks protest in Nigeria

The planned merger of France's Lafarge and Swiss peer, Holcim has sparked a protest around the globe, with construction workers in Nigeria taking it to the street. ... Full story

International investors line up for Africa’s retail property space

“When it comes to sectors of investment, we look at retail as well as commercial office space, and that’s on the physical real estate market. There’s also the listed market in Africa, which is another market for investors to invest in. In South Africa we’ve seen that grow to about 30 billion dollars,” Atterbury Property Developments managing director James Ehlers said on Tuesday. ... Full story

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