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News

Catch up on the latest real estate news, updates, and development stories from African markets.

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Page 136 of 162

Latest News

South Africa’s Luxury Property Boom Continues With R1 Billion Lamborghini Estate

A R1 billion luxury branded development is heading to South Africa’s coast. The project signals growing global appetite for high-end lifestyle estates in the country.

Latest News

South African Homeowners Face New Property Rate Hikes From July

Owning a home in South Africa is about to get more expensive. New municipal tariffs taking effect from July will push up property rates, utilities and other household costs across major cities.

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South Africa’s Largest Landlord Plans R5.1 Billion Property Sell-Off

One of Africa's biggest property owners is selling billions in real estate—but it's not a sign of trouble. The move is part of a major portfolio reshuffle focused on higher-performing assets.

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Nine Dead After Lagos Building Collapse Triggers Safety Crackdown

A deadly building collapse in Lagos has renewed concerns over construction safety. Authorities have now ordered inspections of nearby structures as rescue efforts come to an end.

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South African Homes Are Selling Faster Despite High Interest Rates

Higher borrowing costs were expected to slow the housing market—but buyers aren't backing down. Homes across South Africa are now selling faster than they were just months ago.

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South Africa Secures €20M Loan From Proparco For Affordable Housing Push

South Africa's housing crisis has secured fresh international backing. A €20 million loan will help deliver more affordable homes while supporting more sustainable urban growth.

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Africa’s First Floating Luxury Homes Debut at Cape Town Marina

Luxury homes no longer need land. Cape Town has unveiled Africa’s first floating luxury residences, signaling a new direction for waterfront living and investment.

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Bulawayo Property Fires Jump 60% as Faulty Wiring Sparks Concern

Property fires in Bulawayo have surged 60% this year, with ageing electrical systems emerging as the biggest threat. City officials warn that poor wiring, overloaded circuits and weak safety compliance are putting homes and businesses at growing risk.

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Harare Demolition Drive Threatens Thousands of Homes and Businesses

Thousands of homes and businesses across Harare could be demolished as authorities intensify a citywide crackdown on illegal land occupations. The move is targeting settlements built on wetlands, public land, and sites reserved for schools and clinics, sparking fears of mass displacement.