Hyprop to exit sub-Saharan Africa, but Grit Real Estate stays put

While Attacq, famous for developing one of SA’s largest retail centres, Mall of Africa, and Hyprop investments, the owner of some of the best rated shopping centres, are trying to divest from the African continent, Grit Real Estate is spreading itself across the continent..

Domestic activity keeps Africa's Property Market afloat

Domestic activity keeps Africa's Property Market afloat

Office yields remained largely stable in most African markets over the past two years, anchored by patient domestic capital as local investors assume a longer-term perspective, a new report shows.... Full story

Investing

Absa sees pockets of decent growth in Africa's Real Estate Market

Presenting snapshots of African markets in which Absa operates, Head of Africa Coverage, Commercial Property Finance, Selwyn Blieden, says significant opportunities for property developers and investors abound even in lean times.

Southern Africa

SA’s $8 billion Megacity development dead in the water

South Africans were caught up on an ambitious smart-city development less than 20km away from Sandton, dubbed the ‘New York of Africa’, which didn’t progress beyond computer-generated artist impressions.

East Africa

A global crowdfunding aimed to give Addis Ababa a green facelift

Prime minister Abiy Ahmed has launched a crowdfunding campaign aimed at making the capital a site for urban tourism by developing greener spaces along a 56-kilometer river stream.

Central Africa

DRC not an easy environment, but Real Estate opportunities abound

THERE are a number of opportunities in the Mineral-rich Democratic Republic of Congo (DRC) real estate sector, but potential investors must ensure they have investigated thoroughly before committing huge resources — Africa Property News has learned.

Advice

How to ensure buyers notice your property right away

South Africa — The latest FNB and ABSA property data shows that properties are staying on the market for longer and an increasing number of sellers having to cut their asking price.


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