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Commercial

Published stories attached to the Commercial category.

25 items

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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.

News

Enterprise Properties Opens Beyond Enterprise Group After 15 Years

For 15 years, Enterprise Properties largely served its parent group behind the scenes. Now it is entering Ghana’s wider real estate market with ambitions to create jobs and compete for new clients.

News

Cement Price Spike Threatens Nigeria’s Housing Pipeline

Nigeria’s housing affordability challenge could worsen as cement prices surge to record levels. Developers warn that rising construction costs are already delaying projects and pushing homeownership further out of reach.

News

Nigeria’s Retail Malls Struggle as Consumers Cut Spending

Nigeria’s retail property market is feeling the pressure as shoppers spend less and mall sales slow down. Rising living costs and economic strain are now reshaping how retailers use commercial space across the country.