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If the market perception on Zimbabwe’s bond notes remains negative, Morris Hove, CEO of Property 101 foresees an increase in buyers to hedge in property particularly residential sector.

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

The phenomenal Airbnb growth trend is just one of the factors driving demand for Cape Town CBD property.

Tourism, Airbnb growth boost demand for Cape Town CBD Apartments

While many areas are beginning to report a notable slow-down, Cape Town’s CBD and City Bowl areas are still just about as buoyant as you could ask for, especially if you are a seller of an apartment. ... Full story

Murray & Roberts (JSE: MUR) is to focus on three core sectors in future – underground mining, oil and gas and power and water said Henry Laas, the chief executive.

SA's Murray & Roberts plans grand exit in Construction business

South Africa's largest listed construction group, Murray & Roberts (JSE: MUR) which participated in landmark projects such as the 2010 FIFA World Cup, is to sell its infrastructure and building businesses. ... Full story

PPC's Ceo Darryll Castle suggested it was business as usual on the cement site, even though the rest of the Zimbabwean economy is in a tailspin.

PPC's Zimbabwe cement plant nears completion

PPC's cement plant in Zimbabwe is on track for completion this year — with SA’s largest cement maker aiming to increase sales in the rest of Africa. ... Full story

Mara Delta has demonstrated its confidence in the Africa real estate business, announcing that it is looking into investing a further US$ 110 million into Mozambique.

Pan-African property fund confidently invests $110m in Mozambican real estate

Mozambique - The slowdown in Africa’s economic growth outlook, and currency volatility, have compelled property developers, retailers and institutional funds to reassess their investment strategies. ... Full story

Echo Polska Properties (EPP) CEO, Hadley Dean says the listing on the LuxSE and the JSE is anticipated to provide it with significantly improved access to expansionary capital and provide existing and future shareholders with an opportunity to invest in a

Poland’s Echo Polska Properties eyes dual listing on JSE and LuxSE

Echo Polska Properties (EPP), in which South Africa’s Redefine Properties holds a 49.9% stake, is aiming to list on the Luxembourg Stock Exchange (LuxSE) followed by a listing on the Johannesburg Stock Exchange (JSE). ... Full story

South African property market is valued at USD $403 billion, according to latest finding by Portia Tau-Sekati, CEO of the Property Sector Charter Council.

South African Property Market worth $403-billion

South African property market is currently valued at a staggering USD $403 billion (R5.8-trillion ZAR), according to latest research released by the Property Sector Charter Council (PSCC) in Johannesburg on Tuesday. ... Full story

Mara Delta formerly Delta Africa, acquires a 50% stake in Zambia’s Cosmopolitan shopping mall from Rockcastle Global Real Estate Company Limited.

Mara Delta secures $70m in funding, acquires Zambia’s Cosmopolitan Mall

Mara Delta formerly Delta Africa, the largest pan-African multi-listed property fund, has acquired a 50% stake in Zambia’s Cosmopolitan shopping mall from Rockcastle Global Real Estate Company Limited. ... Full story

Huge crowds queued at the newly opened Mall of Africa during the first weekend of the mall’s opening on April 30, 2016.

Big turnout at Mall of Africa grand opening

Johannesburg — The $345 million Mall of Africa set in middle-class suburbia between Johannesburg and Pretoria, opened its doors to the public, sporting more than 80 000 shoppers on its first day of trading. ... Full story

SA property funds are looking offshore and the rest of the African continent to weather the future effects of investment downgrades for the country, says Ortneil Kutama, Africa Property News.com Media Director.

SA property groups ready for a downgrade

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. ... Full story

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