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Commercial

Published stories attached to the Commercial category.

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News

Kurasini logistics park reaches 98% completion ahead of January opening in Dar es Salaam

Tanzania's Kurasini Logistics Park is 98 per cent built, Transport Minister Makame Mbarawa said during an inspection, with the two-phase facility set to handle 700,000 containers a year and start operations in January.

News

Standard Bank taps Growthpoint renewable certificates to cut emissions at 21 branches

The bank has joined the property group's renewable energy certificate programme, covering branches in Growthpoint-owned shopping centres and offices across five provinces.

Article

Industrial property outpaces office and retail as SA rental growth diverges by city

Industrial assets remain South Africa's most resilient commercial property sector, but Rode's second-quarter data show prime rental growth running from 11.7% in Cape Town to 4.6% in Durban.

News

Winds destroy four hotels and dozens of beach structures in Kisumu and Vihiga

Heavy rain and strong winds on Sunday evening levelled four hotels and dozens of makeshift structures at Dunga Beach in Kisumu and destroyed three homes in Vihiga County, injuring four people.

News

Radisson targets 30 Egypt hotels, resorts and branded residences by 2030

Radisson Hotel Group plans to grow its Egyptian portfolio from five operating properties and eight under development to 30 hotels, resorts, serviced apartments and branded residences by 2030.

News

Kano yarn maker says state began fencing its land without notice or compensation

A.B. Janruwa Enterprises says contractors started fencing its four-hectare Chalawa site without a revocation notice, putting a multi-billion-naira expansion and 2,000 planned jobs at risk.

News

Magoola challenges Equity Bank property auction as Shs39.9b loan audit dispute continues

Businessman Matthias Magoola and two companies have contested a November 5 notice of intended sale of land in Wakiso and Kampala, saying the auction disregards a Court of Appeal order staying the loan dispute.

News

Court of Appeal orders Munga-linked Pioneer School to vacate Del Monte's 75-acre Thika land by December 31

Pioneer International School has until December 31, 2026 to hand Del Monte Kenya vacant possession of a 75-acre parcel in Thika after the Court of Appeal upheld a finding that the school never held a tenancy over the land.

News

R388m Ntuzuma Junction mall targets April 2027 opening in Durban township

Exemplar Retail and AJ Property Holdings are developing the R388 million Ntuzuma Junction shopping centre in Durban, a two-level 17,000 sqm mall anchored by Boxer and Shoprite with an April 2027 opening target.