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Market news

Published stories attached to the Market news category.

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Page 18 of 49

News

Court Appoints Receiver Over Disputed Victoria Island Property in Abacha–Levitikal Suit

A Federal High Court in Lagos has appointed a receiver/manager to take control of a disputed high-rise property at No. 68 Molade Okoya Thomas Street, Victoria Island, pending the outcome of a suit filed by Dr Maryam Sani Abacha against Levitikal Realties & Construction Limited.

News

SAPOA Appoints Steven Brown as President Amid Renewed Optimism for Property

The South African Property Owners Association has appointed Steven Brown, chief executive of Fortress Real Estate, as its president, taking over at the close of the association's 60th anniversary convention.

News

Report Alleges Drug Money Helped Fund Ghana's Housing Boom

A Global Organised Crime Index report alleges that drug money has financed political parties and helped fund Ghana's housing boom, and flags corruption in land, tax and customs administration.

Article

Cape Town’s housing crisis is becoming a labour crisis, report warns

Working families are being priced out of areas near jobs and forced to spend more of their income and time commuting, as advocacy group Ndifuna Ukwazi warns of an “extreme, escalating urban housing crisis” in Cape Town.

News

Western Regional Minister calls for stronger collaboration in Ghana's land and property sector

Western Regional Minister Joseph Nelson has called for stronger collaboration among institutions in Ghana's land and property sector, saying professional partnerships are essential to sustainable national development.

Article

Kahawa Sukari plots fetch up to Sh15m as residents keep apartment blocks out

Plots in Nairobi's Kahawa Sukari that sold for Sh400,000 to Sh700,000 in the early 2000s now fetch between Sh12.5 million and Sh15 million, as a residents' welfare association enforces controls that bar apartment blocks from the estate.

News

Mixta Africa property sales jump to N42.7bn as shareholders approve N12.60 dividend

Mixta Africa's group revenue from property sales rose to N42.7 billion in 2025 from N15.0 billion a year earlier, while shareholders approved a dividend of N12.60 per share payable on September 30, 2026.

News

Real estate contributed 12.71% of Nigeria's GDP in Q2 2026, NBS data show

Nigeria's real estate sector accounted for 12.71 per cent of real GDP in the second quarter of 2026, ranking third behind trade and crop production, according to the latest National Bureau of Statistics GDP report.

Article

Infrastructure boom lifts land values in Lagos' Ibeju-Lekki-Epe corridor by 35%

The 2026 Nigeria Real Estate Report by Ubosi Eleh and Company says land along the Ibeju-Lekki-Epe axis appreciated about 35 per cent year-on-year as ports, a refinery, a free trade zone and the Lagos-Calabar Coastal Highway reprice the corridor.