Category
Published stories attached to the Investment category.
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QORE has entered Egypt's real estate development market with a EGP 30bn investment programme through 2030, starting with the mixed-use Maydan project in partnership with Inversion, Hafez Consultants and TSM Asset Management.
A black woman-owned three-star hotel in White River, Mpumalanga, has received more than R3.5 million in blended government and development-finance funding to expand and upgrade its facilities.
Egypt's Cabinet has approved a draft decision establishing an investment zone for Qatari Diar's Alam Al Roum project, a mixed-use development covering about 4,900 feddans on the North Coast, with total targeted investments of $29.7 billion.
Singapore's Banyan Group has acquired a majority stake in Newmark Hotels & Reserves, adding 26 hotels, lodges and game reserves across seven African countries. Founder Neil Markovitz stays on as chief executive.
The University of Cape Coast has signed a memorandum of understanding with GSC Property Investment for a US$500 million student accommodation project comprising 28 hostel blocks under a public-private partnership.
Addoha, Alliances and Residences Dar Saada raised combined first-half revenue by nearly 8.5% to more than 3 billion dirhams, driven by state housing subsidies and resettlement programmes, even as the sector's stock index fell.
Zimbabwe's capital is undergoing its biggest construction wave in decades, with the investment agency recording $2 billion in real estate commitments in the first quarter as high-end projects reshape Harare's skyline.
The 110-kilometre Senator Rashidi Ladoja Circular Road under construction in Ibadan could redraw the city's property map, opening new residential, commercial, industrial and logistics corridors — provided land speculation is kept in check.
Listed Accelerate Property Fund has disposed of Cedar Square, its second-largest asset, for R630 million to an entity owned by Big Apple Trust, in a deal that will require shareholder approval.