Category
Published stories attached to the Commercial category.
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Kenya Reinsurance Corporation’s Reinsurance Plaza, an 18-storey commercial building at the junction of Aga Khan Walk and Taifa Road, anchors the state insurer’s Nairobi property portfolio alongside Kenya Re Towers and Anniversary Towers.
Fibre network operator Dark Fibre Africa says it will use new commercial and residential property developments as a channel to expand coverage, after completing the first phase of an R800m network upgrade.
Durban hospitality business Mojo's Investment CC has secured a nine-year and 11-month lease to run a municipal property at 17 Erskine Terrace on the city's beachfront after a legal challenge to the tender award was withdrawn.
IHG Hotels & Resorts has signed a management agreement with Kleek Development for a 250-key Crowne Plaza hotel in New Cairo, due to open in the first quarter of 2031 as IHG deepens its Egyptian pipeline.
The Nigerian Ports Authority has opened talks with inland dry port operators on fixing rail and logistics gaps, and is courting private investment to upgrade the facilities as cargo volumes rise.
Construction of the GEMS International School of Zanzibar is expected to begin soon, with planned capacity raised from 1,100 to 1,500 students at the Infinity Hills mixed-use development near Stone Town.
A new bonded warehouse with capacity for about 700 containers has begun operations in Abuja, offering importers inland storage and customs clearance closer to Nigeria's northern market.
South Africa's Hawks have obtained a court order restraining four properties and eight movable assets valued at R7.746 million that are linked to an Eskom fraud and money-laundering case.
Kenya's Telposta Pension Scheme has agreed to sell four properties in Nairobi, Mombasa and Gilgil for Sh9.62 billion to three government institutions as it moves to cut its real estate exposure to within regulatory limits.