News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Informal structures were demolished in Airport Valley, Gqeberha, on Tuesday as residents were relocated to make way for a 445-unit housing development delayed for more than three years.
Western Regional Minister Joseph Nelson has called for stronger collaboration among institutions in Ghana's land and property sector, saying professional partnerships are essential to sustainable national development.
Shelter Afrique plans to issue a $500 million (Sh64.83 billion) sustainability-linked bond focused on East Africa in the first quarter of 2027, with the bulk of it to be listed on the Nairobi Securities Exchange.
The Nigerian Army, in partnership with Family Homes Funds Limited and Post Service Housing Development Limited, has commissioned 50 housing units for widows and families of fallen military personnel at PHDL Pacesetter Estate in Akobo, Ibadan.
Zealand Properties has marked its sixth anniversary with the formal handover of Amiya Estate in Opebi, Ikeja, presenting a four-bedroom semi-detached duplex and its property documents to its new owners.
Zambia's National Pension Scheme Authority says its real estate portfolio, valued at about K7.1 billion, has helped create roughly 2,000 jobs while expanding housing and commercial trading space.
Grova Developments has appointed Hassan Allam Construction to deliver Grova Westfields in West Cairo under a contract valued at $1 billion, spanning 1.2 million square metres in Sheikh Zayed.
Western Cape law enforcement chiefs say illegal land invasions are driving Cape Town's crime crisis, with the City and provincial government pushing for amendments to the PIE Act to give landowners more powers.
Namibia's Ministry of Urban and Rural Development says roughly N$300 million remains available for housing construction, but the funds must cover 59 local authorities as demand for serviced land and housing grows.