Investing
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. ... Full story
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. ... Full story
The Global Lift & Escalator Expo comes to Africa
An exclusive platform for the global lift and escalator industry players to explore Africa’s market potential will take place from 27-29 August 2019 at the Sandton Convention Centre, Johannesburg, South Africa. ... Full story
Radisson plans to open five hotels in Africa
Radisson Hotel Group, one of the world's largest hotel groups has begun 2019 with the announcement of its new commercial strategy for Africa. ... Full story
Africa’s economic growth expected at 4% this year
The future for Africa looks promising, although the continent will not develop through aid but rather via investment, said African Development Bank (AfDB) president Akinwumi Adesina. ... Full story
Marriott International grows its African footprint with three new deals
Hotel group Marriott International has expanded its presence in the African hotel market — with three new deals across North and West Africa, reinforcing its commitment on the continent. ... Full story
These are the 10 Wealthiest Cities In Africa
Africa is home not only to some of the world’s fastest-growing economies but also the majority of the world fastest growing cities. ... Full story
Africa-focused Property Fund optimistic about region’s long-term prospects
While many foreign investors may be cautious about Africa’s growth prospects at this stage, Grit Real Estate, Africa's largest property fund believes continent could be set for growth in the long term. ... Full story
China's President Xi pledges another $60 billion for Africa
Chinese President Xi Jinping has announced a $60 billion package of aid, investment and loans to Africa, against a backdrop of growing concern about rising debt distress on the continent. ... Full story
BRICS development bank to expand lending to private sector
The New Development Bank (NDB), set up by the BRICS group of major emerging economies, wants loans to the private sector to eventually take up a 30 percent share of its project portfolio, a senior executive at the bank said on Tuesday. ... Full story
Most Popular
Watch: A Credible Market, the need for Standards in Property Industry
Valuation standards have a significant role to play in helping to regulate professional practice at national, regional and global levels, promoting professional ethics, integrity, impartiality and trust in valuer activities in the property industry. ... Full story
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