Retail Property

Choppies pursues targets in spite of opening delays

Delays in opening new outlets in Zambia and Tanzania this year will not hold back Botswana’s largest grocer Choppies from achieving its 2016 growth target of operating 200 stores across sub-Saharan Africa. ... Full story

Two Rivers Mall construction on track

Kenya can look forward to the launch of Two Rivers Mall in Nairobi — when it officially opens its doors in October. ... Full story

4 Retail Trends that will Shape How we Shop this Year

Retail has become a stage for change, innovation and disruption. It has also become an increasingly global business as every corner of the world joins the market of our global village - and Africa is no exception. ... Full story

Returns on Property in Botswana decline

Africa Property News has learnt that Botswana's fixed property market appears to be weakening, with the latest data from New York Stock Exchange-listed MSCI Incorporated, showing that capital valuations have softened. ... Full story

Retail proving to be the most dynamic sector

The retail property sector has recently come to the fore as a champion in helping the overall property market retain its reputation in Africa, Africa Property News.com has learned. ... Full story

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

Global megatrends driving Real Estate growth opportunities in Africa

Rapid urbanisation, population changes, and other global megatrends including industrialisation, technology, and sustainability in city planning will drive growth in the real estate industry across Africa over the next five years, PwC said in a report released last week. ... Full story

Bricks and Mortar Retail still has a vital role to play for brands

While the digital age has encouraged more consumers to shop and browse products on the web, physical stores are still primary destinations for shoppers in Africa, according to PwC's annual consumer survey. ... Full story

Qatari Diar gets green light for $2.16bn Egypt construction projects

Qatari Diar, which is headquartered in Doha, has been granted approval of $2.16 billion construction project to build hotels, shopping malls and residential apartments in Egypt, aimed to boost tourism in the country. ... Full story

Nairobi’s Garden City phase one on schedule for completion

There is an end in sight for phase one of the Sh22.7bn Garden City project on Thika Road in Nairobi, with the grand opening of the mall now set for April. ... Full story

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