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$272m earmarked for Sub-Saharan Africa shopping centers

Sub-Saharan Africa is in for a commercial transformation, with Hyprop Investments, SA’s third-biggest property company by market value, planing to invest over $272 million developing and acquiring shopping centers. ... Full story

PPC eyes prospects in African markets

Pretoria Portland Cement (PPC) CEO Ketso Gordhan says the group’s management is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018. ... Full story

Spur Corporation seeks African expansion

Spur Corporation (SUR)‚ whose brands include‚ Panarottis‚ John Dory’s and Captain DoRegos will open outlets in Swaziland‚ Nigeria‚ Tanzania‚ Namibia and the Seychelles next year. ... Full story

Sub-Saharan Africa has ‘real potential’

Sub-Saharan African economies are tipped as locations where property investors should look to for real growth in the next decade. ... Full story

Black-owned property group to establish African Real Estate Fund

South African black-controlled Delta Property Fund plans to establish a new sub-Saharan Africa Real Estate Fund on the JSE in June, as it expects high dividend-paying strategies to become more appealing to investors. ... Full story

Actis pours $278m in Sub-Saharan Africa property developments

London-based private equity investor Actis, which invests in emerging markets has injected an extra R2.8 billion (approx. US $278 million) into property developments in Sub-Saharan Africa region. ... Full story

French retailer Carrefour gains ground in Africa

In an attempt to secure an early advantage over competitors, French giant retailer Carrefour has partnered with CFAO to exploit the vast retailing opportunities offered by Africa’s fast growing spending power. ... 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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