Residential Property Market

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

Daru-Salaam City is a large scale housing project in Somalia's Mogadishu with over six thousand housing units.

Somalia's housing sector gains momentum

The latest property developments from Somalia indicates that investment in Mogadishu's housing sector is gaining momentum. ... Full story

Nigerian billionaire and founder of Dangote Group, Aliko Dangote on track with $150m Cameroon cement plant.

Dangote on track with $150m Cameroon cement plant

Largest industrial conglomerate in Africa, the Dangote Group is currently busy on building a $150 million cement plan in Douala, Cameroon. ... Full story

With a boom in construction, Addis Ababa is slated to emerge as one of the most modern cities in Africa.

Research pegs Ethiopia as most affordable location to buy luxury property

A recent study reviewed that Ethiopia is the most affordable location to buy luxury real estate in the emerging markets. ... Full story

SA Finance Minister, Nhlanhla Nene also addressed the conference saying that the government has a national affordable housing programme which helps fund projects in the country.

Affordable housing comes to Sub-Sahara Africa

Affordable housing is a burgeoning market across Africa. This is according to various experts who spoke at a summit about affordable housing which took place in Johannesburg last week. ... Full story

Standard Bank's Gauteng Residential Development Finance Head, Somaya Joshua says we are experiencing healthy levels of affordable housing demand in SA, largely driven by historical stock shortages in the sector.

Investment opportunity knocks for Affordable Housing Market

Affordable housing in Africa as an investment is still in its infancy but the opportunities to create investment vehicles are there, Africa Property News.com has learned. ... Full story

Donna Oosthuyse, Director Capital Markets at the JSE says since we introduced the REITS structure in 2013, we have seen an increase in the number of REITS listing, with the number moving from seven in April 2013 to 32 today.

SA’s listed property sector gains first Residential REIT

South Africa's residential sector is to be represented for the first time on the JSE’s main board, with the new listing of Indluplace Properties, a wholly owned subsidiary of Arrowhead Properties. ... Full story

Standard Bank Head Real Estate Finance, Gary Garrett says rapid urbanisation and a growing middle class are boosting opportunities for investment throughout the continent.

African retail and office property offers ‘significant opportunities’ for investors

Rapid urbanisation and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa. ... Full story

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