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Market news

Published stories attached to the Market news category.

235 items

Page 8 of 27

News

South-South property prices soar as $1 billion port upgrade fuels land rush

Nigeria's $1 billion Port Modernization Programme is driving a real estate boom across the South-South region, with industrial warehouse leasing rates spiking 45-65% year-on-year as Port Harcourt, Calabar and Warri attract logistics investment.

News

Cape Town ratepayers warn of rates affordability crisis as municipal costs climb

Cape Town civic groups say rising property valuations, tariffs and housing costs are straining households, while the city defends its relief measures and lowest-cost claims.

News

Egypt's Nawy Now sells EGP 633m mortgage portfolio to fund in second issuance

Nawy Now, the mortgage arm of Egyptian real estate platform Nawy, has offloaded EGP 633 million of mortgages to an investment fund in its second issuance, freeing up balance-sheet capacity.

News

Nigeria's housing ministry, CIPMN partner to strengthen project management in housing delivery

The Federal Ministry of Housing and Urban Development and the Chartered Institute of Project Managers of Nigeria (CIPMN) have agreed to collaborate on improving project management and delivery in the housing sector.

News

Noah Real Estate denies unilateral contract terminations as Addis homebuyers seek court injunctions

Ethiopian developer Noah Real Estate says it has received no court summons, responding to homebuyer petitions over price adjustments and apartment size variations that have triggered temporary injunction applications.

News

Egypt opens applications for 25,000 rental and rent-to-own housing units from September 20

Egypt's Housing Ministry will accept applications from September 20 for 25,000 housing units offered under rental and rent-to-own schemes, targeting low-income citizens and young couples.

Article

What it costs to live near South Africa's most prestigious school districts

Homes in the catchment areas of top Western Cape and Gauteng schools generally cost well over R1 million, with Durbanville averaging about R3 million, new analysis of school districts shows.

News

NREIT profit jumps 328% to N6.05 billion in H1 2026, declares N1.72 per unit distribution

Nigeria Real Estate Investment Trust grew pre-tax profit by 328.17% year on year to N6.05 billion in the first half of 2026 and declared a N1.72 per unit distribution.

Article

Building materials crisis: Nigeria's construction costs surge over 400% in five years, experts warn

The cost of building materials in Nigeria has risen by about 420 per cent in five years, pricing developers and homeowners out of the market and worsening a housing deficit now estimated at over 28 million units.