News
Catch up on the latest real estate news, updates, and development stories from African markets.
744 items
Page 19 of 83
Egyptian proptech Nawy closed a second EGP633mn Sharia-compliant fixed-income fund backed by mortgage receivables, taking total issuance above EGP1bn and establishing a repeatable capital-markets channel to fund home financing.
Kenya's 1.5% Housing Levy collects about Ksh6 billion monthly, but the Housing Principal Secretary says that amount cannot sustain the government's target of constructing 200,000 affordable homes every year.
SA listed property specialists say improving retail and industrial fundamentals could support the sector despite weak domestic growth, with potential annual total returns of 14% to 17% over the next two to three years.
The Chairman of the Mayor of Housing Group says Nigeria can unlock up to 95% of its largely untapped real estate potential and attract massive investment by strengthening regulation, building investor trust and digitising land administration.
Nigeria's Housing Development Advocacy Network has called on political parties and candidates to present clear, measurable and properly funded housing strategies in the 2027 elections, saying housing must become a major campaign issue.
Egypt's Aqar Exit platform recorded 9,839 assignment files and units worth an estimated EGP 72.2 billion in its first 28 days, with lower-priced properties drawing the strongest buyer demand.
Three investors have announced plans worth more than Sh5.5 billion to build luxury hotels and serviced residences in Nairobi's Gigiri, targeting diplomats and international organisations as the UN campus expands.
International buyers account for about 15% of property sales in Barrydale, spending between R2.5 million and R5 million on homes in the Western Cape town, as demand grows for lifestyle properties beyond South Africa's major cities.
Egyptian developer Modon Developments is investing about EGP 5 billion in its Green River Tower in the New Administrative Capital, where construction has reached about 52% and completion is targeted within eight months.