Category
Published stories attached to the Investment category.
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A Senegalese parliamentary commission is examining the allocation of two state-owned villas in Dakar's Point E district, after conflicting accounts over how the leases were granted.
Eswatini's House of Assembly has passed a bill authorising government to borrow up to E2.4 billion from the Development Bank of Southern Africa to finance housing and infrastructure in a programme expected to create about 3,000 jobs.
Intersite Asset Investments, the property arm of rail agency PRASA, has awarded six Western Cape development opportunities to private-sector partners in a proposed R3.6 billion pipeline expected to deliver 790 apartments and 4,466 student beds.
International Housing Solutions Kenya has started construction of the KSh1.8 billion Muzi Enzi rental apartments in Tatu City, targeting 406 units for the satellite city's rapidly growing workforce.
A corporate real estate executive says government needs better data and active portfolio management to unlock value from a public property portfolio worth about R151 billion and spanning more than 80,000 assets.
The Transnet National Ports Authority has signed a 25-year lease with Freeport Saldanha covering land in the port's Southern Precinct, backing an investment pipeline valued at about R6.9 billion for the Saldanha Bay Special Economic Zone.
Four Seasons has announced plans for Four Seasons Resort Tangier in Morocco's Cap Malabata district, developed in partnership with Royal Resort Cap Malabata, a luxury development company backed by GFH.
Periwinkle Empire has entered Abuja's luxury property market with plans for a $150 million, 20-storey residential tower known as Royalties Abuja, developed in partnership with Prime Luxury Address Ltd.
VFEX-listed property developer WestProp Holdings reported half-year revenue of US$14.91 million, up 16.3%, on strong sales at Millennium Heights and Pomona City and the consolidation of three new subsidiaries.