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Commercial

Published stories attached to the Commercial category.

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News

R285.5 Million Sale Breaks South Africa’s Property Auction Record

Specialist auction house In2Assets closes a milestone transaction on a high-value manufacturing and logistics facility in Durban’s Southern Industrial Basin, surpassing the national single-lot record set in 2014.

News

High Costs and Mismatched Demand Leave Nigeria’s Commercial Buildings Empty

Nigeria’s commercial property market is facing an unusual problem: strong demand exists, yet completed buildings are still sitting vacant. High rents, expensive operating costs and a shift toward smaller, flexible spaces are widening the gap between what developers build and what businesses want.

Article

First-of-its-Kind R100 Million "Epione Health Village" Opens in Rosebank, Johannesburg

Developed by Growthpoint Healthcare Property Holdings, the flagship integrated facility brings GPs, specialist surgery, diagnostics, and pharmacy under one roof to deliver affordable community care.

News

NSE Puts Westlands Headquarters on the Market as It Reassesses Office Space

The Nairobi Securities Exchange is preparing to sell its own headquarters in Westlands. The move signals a notable shift in how major institutions are managing valuable commercial property assets.

News

Pristine Tsitsikamma Coast Beach Resort Hits the Market for R98.5 Million

A rare slice of South Africa’s wild Garden Route is up for grabs as a major cliffside hospitality estate hits the market. Boasting kilometers of entirely private coastline, this eco-tourism goldmine is primed for a wealthy developer looking to capture the luxury adventure market.

Article

Iconic South African hotel goes on sale for R60 million

A luxury waterfront hotel in one of South Africa’s top tourist destinations is up for sale. The R60 million listing gives investors a rare chance to acquire a fully operating hospitality asset on the Garden Route.

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.