Hidden Government Charges Are Driving Up Lagos House Rents
The biggest reason rents keep rising in Lagos may not be landlords. Developers say layers of government fees and approvals are quietly making homes more expensive to build—and rent.
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The biggest reason rents keep rising in Lagos may not be landlords. Developers say layers of government fees and approvals are quietly making homes more expensive to build—and rent.
Luxury rents across Africa are climbing faster than many markets can absorb. In major cities, premium tenants are now competing for a limited pool of high-end housing.
A new opinion warns that South Africa’s Draft Deeds Bill is failing to fix a long-running township ownership crisis. Millions of families remain stuck without clear legal title to their homes, leaving wealth and inheritance in limbo.
Millions of South Africans can afford a home but still can't access one. A market worth more than R2 trillion is being held back by financing gaps and limited housing supply.
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Anambra State is launching a mass housing programme as rising rents and limited housing supply put pressure on residents. The government is betting on private sector partnerships to unlock new housing developments across the state.
Mi Vida Homes is strengthening its position in Kenya’s green housing market after securing IFC EDGE certification for multiple residential projects. The recognition highlights rising demand for energy- and water-efficient homes in urban developments.
Kenya’s only listed REIT is under pressure as rental income falls sharply across its property portfolio. The warning points to deeper challenges in occupancy and income stability in commercial real estate.
The founder of Nigeria’s biggest bank says property now outperforms banking as an investment. He’s backing that belief with luxury residential towers worth billions in Lagos.