News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The European Bank for Reconstruction and Development is leading a US$265 million syndicated package for ADD Properties, part of Sami Saad Holding, to modernise its hospitality portfolio and build a Grand Hyatt in West Cairo.
Accra Mayor Michael Kpakpo Allotey says the Kofikrom-Avenor housing project has been put on hold because some occupants have begun asserting ownership of the land, complicating a NADMO registration exercise.
Zimbabwe is finalising a policy that would entrench property rights for people resettled on seized farms, with cabinet approval expected by the end of the year, lands minister Vangelis Haritatos says.
Kenya's Supreme Court has ruled that Nairobi City County had no legal authority to approve high-rise developments using its unapproved 2021 development control policy, but declined to order the demolition of the disputed buildings.
The Supreme Court of Appeal has set aside a Western Cape High Court judgment that found the Drakenstein municipality in breach of its constitutional and statutory obligations to provide emergency housing.
President Hakainde Hichilema has told all 116 local authorities to stop allocating unplanned plots and tasked the new Ministry of Housing with delivering serviced schemes and a working mortgage system.
Uganda’s police force and national water utility will relocate Mpigi Central Police Station and NWSC offices next week to clear the right of way for the 27-kilometre Busega–Mpigi expressway, even as compensation remains unpaid.
Kenya’s Environment and Land Court has set aside an injunction that protected the late tycoon Stanley Githunguri’s estate, reopening litigation over Lilian Towers, the 680 Hotel and Ridgeways Mall.
The City of Cape Town is urging households earning under R7,500 a month to apply for indigent relief after the latest General Valuation changed property values, electricity tariffs and refuse charges for some owners.