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Commercial

Published stories attached to the Commercial category.

19 items

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News

Lagos Overtakes Nairobi, Johannesburg as Africa’s Priciest Office Market

Building premium office space in Lagos now costs more than anywhere else in Africa. Rising demand and soaring construction costs are reshaping the continent’s commercial real estate landscape.

News

Bluewhale Breaks Ground on 18-Storey Luxury Tower Near Labadi Beach

A new 18-storey luxury apartment tower is rising along Accra’s Labadi coastline. The project adds fresh momentum to the city’s high-end beachfront development boom as demand for premium homes grows

News

Kenyan Developers Pivot to Offices as State Takes Lead in Housing

Private developers are increasingly steering away from housing and into commercial real estate. As government-backed projects dominate the affordable housing space, investors are chasing stronger returns elsewhere.

News

StanChart Sells Nairobi HQ but Says Kenya Remains Strategic Market

Standard Chartered is offloading its Nairobi headquarters—but insists it’s not leaving Kenya. The move signals a broader shift away from real estate ownership and toward digital banking and talent development.

News

Gauteng Tightens Grip as South Africa’s Shopping Mall Capital

No province comes close to Gauteng’s dominance in retail real estate. New mall developments are cementing its position as South Africa’s undisputed shopping capital.

News

Nigeria’s Office Market Is Quietly Shifting Toward Flexible Workspaces

Traditional office leasing in Nigeria is losing ground as businesses rethink how they work. Flexible and managed offices are fast becoming the new standard across Lagos and Abuja.

Article

Acorn to Offload Sh4.4bn Student Hostels in Debt-Driven Reit Move

Acorn is reshaping its student housing empire through a major asset transfer worth billions. The deal highlights how rising financing pressures are pushing developers toward internal sales to stay liquid.

Article

HF Group Profit Surges on Heavy Government Lending Income

HF Group is leaning more on government securities than traditional mortgages to drive profits. The shift has delivered strong earnings but raises questions about long-term lending strategy.

News

KBC Opens 2,000 Acres for Leasing in Revenue Diversification Push

One of Kenya’s largest state-owned corporations is turning idle land into a new income stream. The move could unlock fresh opportunities for investors, manufacturers, and developers seeking large-scale sites.