Keillen Ndlovu

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

SA’s largest property group secures $40m funding to invest in African venture

South Africa’s largest property group, Growthpoint Properties which controls a portfolio valued in excess of $6.5bn (R100bn ZAR), has secured $40m (R606m) finance facility with the International Finance Corporation (IFC). ... Full story

Direct offshore property stocks more attractive than Africa

Stanlib the investment bank, believes right now investors need to put their money into developed markets as Africa offer too much economic and political risk. ... Full story

Kenya dominates East African property market

Kenya is dominating East African property developments because of its stability and investment opportunities, Africa Property News.com has learned. ... Full story

Investments in Nigeria can succeed despite Boko Haram threat

While terrorism has not yet had a severe effect on real estate in Nigeria, Africa’s largest economy, there are concerns that security needs to be heightened to prevent any future serious damage to the sector. ... Full story

Another Scramble for Africa

There is a scramble for African property assets as investors look to gain first mover advantage in the continent. ... Full story

SA's Growthpoint launches $90m pan-African real estate fund with Investec and IFC

South Africa’s largest property fund, Growthpoint Properties is investing alongside Investec Asset Management, the global investment management firm, partnered by the International Finance Corporation (IFC) to launch a pan-African investment strategy. ... Full story

U.S. Real Estate trends ring true in Africa

The American property market will be strong enough to withstand an interest rate hike by the Federal Reserve Bank there, according to a report by Bank of America Merrill Lynch. ... Full story

Kenya catching up to global real estate investment trust (REITs)

Bringing Kenya’s listed property sector with international publicly traded real estate investments and creating greater investor certainty, Kenyan Authorities have tabled a unified approach to property investment schemes. ... Full story

Delta International's Africa trek gains traction

While Africa is still being punted as the world’s next big growth story, making a successful entry into the continent’s real estate markets is proving easier said than done. ... Full story

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