Victoria Island to deliver 602 new homes in 2026 amid rising Lagos rents
Victoria Island is expected to deliver more than 602 residential units in 2026 as developers expand housing supply across the Lagos district, a new Estate Intel report shows.
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Victoria Island is expected to deliver more than 602 residential units in 2026 as developers expand housing supply across the Lagos district, a new Estate Intel report shows.
Kenya's government wants lenders to use mobile money transactions, SACCO savings and rental payment histories to assess borrowers, as it seeks to expand the mortgage market from about 30,000 loans towards one million.
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.
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.
The Venus, a boutique apartment development in Accra's Labone neighbourhood, is introducing Ghana's first rooftop observatory, with one-bedroom units starting at $95,000.
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.
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.
After a business failure left her with $2.5m in debt, Theresa Oppong-Beeko retrained, entered real estate in 1994 and built Manet Housing into a developer of more than 1,800 homes in Accra.
Women now outnumber men among sole owners of non-subsidised properties in South Africa, though men still own higher-value assets, according to property data company Lightstone.