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Western Cape High Court Refuses Leave to Appeal Transnet Land Eviction
The Western Cape High Court has dismissed a bid for leave to appeal an eviction order against occupiers of Transnet-owned land in Salt River and Woodstock, Cape Town.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Port Harcourt Rents Soar as Housing Demand Outstrips Supply
House rents in Port Harcourt's highbrow areas have more than doubled in two years as oil-sector demand, a growing population and flooding push prices up and force low-income earners to the city's outskirts.
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Nigerian Property Expert Urges Employer-Backed Mortgages to Unlock Home Ownership
Property expert M.I. Okoro has called for an employer-supported home ownership scheme and deeper long-term capital from pension funds, insurers and banks to make housing affordable for Nigerian workers.
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Morocco's H&S Group to Build $10.7m Logistics Hub in Agadir
Moncef Belkhayat's H&S Group has agreed to buy a 25,000-square-metre plot in Agadir's Lqliaa Logistics Zone for a $10.7 million logistics platform, its second site in the region.
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Johannesburg Council Rejects R25.3bn Capital Funding Plan
The City of Johannesburg failed to approve a R25.3bn three-year capital funding plan after opposition parties blocked the vote, deepening a standoff over the metro's borrowing and infrastructure spending.
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Arclyn Developments Enters Egypt With EGP 20bn New Capital Investment Plan
UAE-backed Arclyn Developments has launched in Egypt with an EGP 20bn investment plan, starting with three projects in the New Administrative Capital and a mixed-use scheme in the MU23 area.
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Fire Destroys Shops and Apartments in Koforidua CBD
A late-night fire destroyed a one-storey building housing shops and residential apartments in the central business district of Koforidua, with property reported to be worth millions of cedis lost.
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Madinet Masr Launches ETAJE on Final Residential Plot in Taj City
Egyptian developer Madinet Masr has launched ETAJE, a residential and mixed-use project on the last residential plot in its Taj City development in New Cairo, with a targeted sales value of about EGP 6.6bn.
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Cape Town and Western Cape File Tafelberg Housing Reports After ConCourt Ruling
The City of Cape Town and the Western Cape Government faced a High Court deadline to report on affordable-housing plans after the Constitutional Court declared the 2015 sale of the Tafelberg site in Sea Point unlawful.