Retail Property

Listed Property performance with Kundayi Munzara

Listed property still represented good value for property investors wanting a relatively secure income stream. ... Full story

Nigeria’s Ikeja City Mall sold to South African property companies

Ikeja City Mall in Lagos has been sold for an undisclosed amount to two South African property funds, Hyprop Investments Limited and Attacq Limited. ... Full story

South Africa ranks high on shopping centres globally

South Africa now has the sixth highest number of shopping centres of any country in the world, boasting almost 2,000 shopping centres with a floor area covering a whopping 23 million square metres. ... Full story

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

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