News
Catch up on the latest real estate news, updates, and development stories from African markets.
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YW Capital and RMB have completed a R2.25 billion transaction that places three Pepkor distribution centres into a new industrial property platform, IronOak, releasing about R2 billion of capital to the retailer.
Zimbabwe President Emmerson Mnangagwa has broken ground on a 259-hectare residential development in Mvurwi, Mashonaland Central, with initial allocations targeting more than 2,000 young beneficiaries.
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.