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One of Africa's Largest Shopping Mall opens its doors

Just after completing its ambitious R2.5 -billion redevelopment which positions it as one of the largest mall in Africa, Menlyn Park Shopping Centre in Pretoria South Africa, is now home to over 500 stores and restaurants. ... Full story

CEO of SA's Sun International quits

Graeme Stephens, the chief executive of South African hotels and casinos operator Sun International which owns flagship resort property Sun City, near Rustenburg, is to step down at the end of April 2017. ... Full story

Mauritius Property attract Global Investor interest

When it comes to attracting investment – particularly in property – it seems the tropical island of Mauritius fails to disappoint. ... Full story

Mara Delta grabs 45% stake in three Mauritian hotels

Mara Delta, the pan-African property fund, is set to obtain exposure to three hotels in Mauritius with triple net eurodenominated leases, as it looks to provide strong consistent dividends for its investors. ... Full story

Menlyn Park Shopping Centre to cement its place as Africa’s largest mall

Despite a slowdown in consumer spending across South Africa, Pretoria’s Menlyn Park Shopping Centre is undergoing a R2.5-billion revamp that will make it the largest mall in Africa, unseating Durban’s Gateway Theatre of Shopping. ... Full story

Mara Delta splashes out $40m on coastal resort in Mauritius

Multi-listed Real Estate Investment Trust (Reit), Mara Delta has entered into agreement with Nereide Ltd, a unit of Lux Island Resorts Ltd to buy Tamassa Resort, located in Bel Ombre on the south western coast of Mauritius. ... Full story

Mauritius beats South Africa, ranks most competitive economy in Sub-Saharan Africa

Mauritius is ranked most competitive economy in Sub-Saharan Africa, beating powerhouse South Africa, according to the latest ranking of ‘The Global Competitiveness Index,’ by the World Economic Forum (WEF). ... Full story

Green Building Council SA hits milestone following 200 Green Star certifications

The Green Building Council South Africa (GBCSA) is entering its 10th year of operation on a high note with a milestone 200 buildings rated with Green Star SA certifications. ... Full story

Namibia’s economy Shrank in Second Quarter

WINDHOEK – Namibia’s economy shrunk by 1.2 percent in the second quarter of 2016 compared with a revised 3.4 percent expansion in the first three months of the year, data on the statistics agency’s website showed on Tuesday. ... Full story

Zimbabwe’s bond notes introduction, a setback for property sector

HARARE - The decision by Reserve Bank of Zimbabwe (RBZ) to introduce a local currency known as "bond notes", equivalent to the US dollar, is set to have a major effect on the country’s real estate industry. ... Full story

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