News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Listed Accelerate Property Fund has disposed of Cedar Square, its second-largest asset, for R630 million to an entity owned by Big Apple Trust, in a deal that will require shareholder approval.
Cape Town has released the nearly 72-hectare Annandale Farm site along the N7, valued at about R256 million, for affordable housing through public-private partnerships, but Dunoon residents who waited decades for homes say the plans are unlikely to serve them.
Nairobi Governor Johnson Sakaja has told a Senate committee that national government ministries owe the county Sh2.7 billion in unpaid land rates, with police stations, prisons and military barracks owing more.
Lagos State has asked residents and businesses along the Agric-Egan-Igando corridor to stop illegal occupation of the right-of-way reserved for 33kV transmission lines serving an ongoing mixed housing scheme.
Ghana's Goldsyn Group has launched City Vallanza, a 46-villa residential development along Liberation Road in the Airport precinct, with completion scheduled for the fourth quarter of 2028.
Kenya's Taita Taveta County has launched a 28-day survey and adjudication exercise targeting more than 50,000 title deeds, with over 31,000 residents expected to benefit at no cost.
New Africa Developments has concluded its purchase of Kalahari Mall in Upington after unconditional Competition Tribunal approval, marking the investor's entry into the Northern Cape.
Nairobi City County is seeking a private-sector partner to finance and build a mixed-use complex in Eastleigh, with a proposed development of up to 20 floors including a public market and apartments.
The Kenya Forest Service has taken control of eight holes at Muthaiga Golf Club, saying roughly 21.8 hectares claimed by the club falls inside the gazetted Karura Forest.