Nigeria Property Market

Slow momentum building in West African property markets

JLL’s 2018 City Reports for Accra and Lagos confirm minimal growth across real estate sectors in these West African commercial capitals, with cautious indicators that the impetus is shifting, particularly in Ghana. ... Full story

SA based hotel group hints at imminent Nigeria exit

Sun International has become the latest South African business to pull out of Nigeria because of weak economic growth and clashes with shareholders in the west African country. ... Full story

Investors spooked by Property Regulations in Africa

The African real estate market needs stronger regulations and a more reliable rule of law in order to attract investment in the continent — Africa Property News.com has learned. ... Full story

Landlords feel the pinch as Nigeria’s economic slump deepens

There is still no respite for property owners in Nigeria. The sluggish economic growth for the last few months does not bode well for rental market. ... Full story

Interest rate cuts not enough to pull Nigeria out of recession

Lagos - Interest rate cuts alone will not help to pull Nigeria out of a recession amidst rising inflation, the country's central bank said on Wednesday. ... Full story

Top 10 Most Attractive Investment Destinations In Africa — RMB

Africa’s feverish growth has decelerated in recent years and many countries have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions. ... Full story

Nigeria's weak economy leads Sun International to the exit door

JOHANNESBURG – South Africa's Hotel and gaming group, Sun International Ltd [JSE:SUI] announced on Monday that it will packing its bags exiting Nigeria, amid a number of factors. ... Full story

Sub-Saharan Africa advances in real estate transparency ranking

Sub-Saharan Africa (SSA) continues to make advances in real estate transparency despite other countries in the region requiring greatest attention. ... Full story

New $68m Shopping Mall for Abuja

Abuja — Construction has began in Nigeria's capital city of Abuja on a new $68 million shopping centre, Novare Gateway Mall, scheduled to open during the third quarter of 2017. ... Full story

Africa's Emerging Markets will come Back into View

Private equity fund managers, who adopt longer term time horizons than traditional asset managers, are showing renewed interest in African investment opportunities. ... Full story

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