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Published stories attached to the Commercial category.
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Page 5 of 23
Construction has started on Wilgepark, a R3 billion integrated mixed-use precinct on the N3 and N5 corridors in Harrismith, Free State, combining retail, commercial, hospitality and residential space on a single site.
Moneyweb columnist Keith McLachlan weighs JSE-listed retail Reits against population and finds South Africa, and Gauteng in particular, carrying more shopping-centre space per person than its income level would suggest.
Shoprite Nigeria plans standalone neighbourhood stores instead of relying on large shopping malls, an investor in the business says, after dollar-denominated rents and naira depreciation pushed up occupancy costs.
Kenya's Environment and Land Court has stopped further construction and dealings on a 0.57-hectare parcel off Lang'ata Road, protecting equipment and businesses linked to Kiambu Governor Paul Kimani Wamatangi pending a Sh14 billion claim against Kenya Railways.
Commercial property owners are sinking boreholes, installing backup tanks and leak-detection systems as municipal water failures threaten tenant operations, independent property analyst Keillen Ndlovu tells Moneyweb.
Hassan Allam Utilities, the Alexandria Port Authority and Al Tarek Capital have agreed to assess developing an integrated logistics hub across roughly 273,000 square metres at Dekheila Port.
Abland and its investment partners have opened the 8,000m² Central Blue Shopping Centre in Blue Downs, fully let and anchored by Superspar, as the surrounding estate moves toward roughly 1,800 homes.
President Hakainde Hichilema has handed over the title deed for land earmarked for COMESA's new headquarters, with the bloc holding its 25th summit of heads of state and government in Harare.
Works Minister David Umahi has accused Landmark Africa of land grabbing along the Lagos beachfront and threatened legal action against its chief executive, escalating a dispute over the Lagos-Calabar Coastal Highway's right of way.