News
Foreign buyers sharpen Cape Town property competition
Lightstone data shows foreign nationals account for about 6% of South African property purchases, with the share climbing to roughly 39% among homes valued above R20 million.
Category
Market news
Published stories attached to the Market news category.
235 items
Page 16 of 27
News
HDAN raises alarm over Abuja's worsening housing affordability crisis
Abuja faces an estimated 1.7 million-unit housing deficit, with many luxury properties standing under-occupied while residents struggle to afford homes, a new HDAN report warns.
Article
The Shortletification of Nigerian Real Estate: When Homes Become Hotels
A real estate expert warns that the rapid conversion of Lagos homes into short-term rentals is shrinking the long-term housing supply, pushing up rents and pricing workers out of the city's commercial centres.
News
Former UJ Senior Director Ordered to Repay R18.18 Million Over Fraudulent Student Housing Scheme
The Labour Court ordered Andries Helani, the University of Johannesburg's former Senior Director of Student Affairs, to repay over R18.18 million for helping non-compliant private student accommodation providers secure accreditation.
News
SBM Bank Wins Priority in Sale of Cytonn's Sh650m Ruaka Apartment Project
Kenya's High Court has upheld SBM Bank's priority in the liquidation of the Cytonn-backed Alma project in Ruaka, a 477-unit residential development, to recover a defaulted Sh650 million loan.
News
Transnet to Dispose of Carlton Centre, Durban Station Precincts and 13 Other Properties
State-owned Transnet plans to sell 15 non-core commercial properties, including the historic Carlton Centre in Johannesburg and the Durban Station precinct.
News
Real Estate Growth Can Stimulate FDI Inflows, New FIABCI Nigeria President Says
Ayodeji Odeleye, the new president of FIABCI Nigeria, says real estate growth can attract millions of dollars in foreign investment and position Nigeria as Africa's reference point for international investors.
Article
From Sh500,000 to Sh30m an Acre: Ole Kasasi's Rise to a Property Hotspot
Land prices in Ole Kasasi, a fast-growing Nairobi satellite town in Kajiado County, have climbed from as little as Sh500,000 an acre about 15 years ago to as much as Sh30 million in prime sections.
News
Grit's Sh20.9bn Kenya Property Empire Under Pressure as LSE Suspension Persists
Grit Real Estate Income Group, which owns malls, luxury homes and offices in Kenya valued at over Sh20 billion, remains suspended from the London Stock Exchange over delayed financial results.