News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Ending a two-decade-old administrative body, President Tinubu transfers all functions relating to the disposal of government real estate assets directly to the Office of the Attorney General.
The latest State of Cape Town Central City Report highlights robust investor confidence, with 29 major property developments transforming the downtown skyline through residential and commercial growth.
LASRERA and the anti-graft agency strengthen inter-agency cooperation to investigate and prosecute property scams, fake titles, and document forgery across the state.
The State of Cape Town Central City Report reveals strong investor confidence, with 29 active projects driving a massive wave of residential and commercial property development.
More than 1,590 homes have been financed in Nasarawa as Nigeria’s housing finance push expands. FMBN has also channelled over ₦9.5 billion into renovation loans for more than 10,600 civil servants, combining new housing delivery with upgrades to existing homes.
More than 20 properties in Ikeja have been shut down as Lagos intensifies enforcement of planning rules. The crackdown highlights growing pressure on developers to secure approvals before construction or major alterations.
Edo State wants to turn a prime Victoria Island property into funding for a major Benin City project. But the proposed sale is already raising questions about whether valuable public land should be sold or retained for future returns.
Rents in some Abuja neighbourhoods have jumped as much as 120% in two years, pushing more households toward the city’s outskirts. With rent consuming up to 70% of household income, affordability is becoming a defining challenge for the capital’s housing market.
Nigeria’s listed REITs are delivering returns that beat rental yields from several Lagos residential markets. With UPDC REIT up more than 41% and UH REIT above 35% in 2026, investors are getting a new way to gain property exposure without owning a building.