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Published stories attached to the Market news category.
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Page 5 of 49
Advertised house prices in Botswana's capital averaged P1.65 million in October, about R2.03 million, against R1.48 million in Johannesburg, though the Gaborone figure rests on just 29 listings.
FNB Namibia's second-quarter house price index shows the top end of the market rising fastest even as transaction volumes stall and residential plot sales fall 26.7% nationwide.
The Western Cape-focused real estate investment trust grew distributable income per share 8.02% to 47.29 cents on a 28.14% rise in revenue, after raising R1 billion in new equity and completing R1.4 billion of acquisitions.
Twenty-one Italian companies are exhibiting at Big 5 Construct Kenya in Nairobi, with the Italian Trade Agency putting two-way trade at about KSh40.95 billion and Italian construction-product exports at KSh1.7 billion.
Soweto recorded almost R984 million in property transactions over the past year, but Seeff says rental demand is now the sharper opportunity, with two- and three-bedroom units priced at R450,000 to R750,000 delivering gross yields of 10% to 12%.
CRDB Bank has signed $111 million in financing agreements, including $36 million from Shelter Afrique Development Bank for housing and construction lending and $75 million from FMO for SMEs.
Eighty-three Jua Kali associations supplied windows and doors worth Ksh 264 million for the Pioneer Affordable Housing Project in Eldoret, supporting more than 956 micro, small and medium enterprises.
The studio apartments commissioned by the Abuja Property Development Company at Hilltop Residence cost N15 million, with a 10 per cent deposit equal to more than 21 months of gross earnings for a minimum-wage worker.
Teresia Wairimu Kirima says plots on the roughly 1,000-acre Kirima land in Njiru are being sold without her consent, and has told buyers to hold their payments and banks to stop taking the title as security.