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Radisson brand expands its African footprint with a new Park Inn in Kenya

The Rezidor Hotel Group has opened a Park Inn by Radisson in Nairobi's Westlands, the 35th hotel in its African portfolio..

20 Apr 2017

Junk status not good for Africa's overall growth

The recent credit rating downgrades will negatively affect Africa's two biggest economies - South Africa and Nigeria...

11 Apr 2017

Africa's property markets continuing to develop - report

According to Knight Frank's Africa Report 2017, Africa's property markets are continuing to develop, despite recent challenges faced by some of its commodity-driven economies...

10 Apr 2017

MAREF raises $170m

A joint venture between sister companies Momentum Global Investment Management in London and Eris Property Group in South Africa, the Momentum Africa Real Estate Fund (MAREF) held its final close on 28 February 2017, raising a total of $170m...

7 Apr 2017

Cushman & Wakefield Excellerate expands into Tanzania

Cushman & Wakefield Excellerate is to strengthen its presence in sub-Saharan Africa with a new office in Dar Es Salaam, Tanzania...

30 Mar 2017

Pam Golding Properties, 5th Avenue Africa take on sub-Sahara African venture

Pam Golding Properties and 5th Avenue Africa, associates of international real estate advisor Savills, have joined forces to begin a new venture...

15 Feb 2017

Escalating investment activity in sub-Saharan Africa hotel sector predicted

Observing a notable increase in liquidity in the sub-Saharan Africa hotel real estate market over the past six months, commercial real estate specialist JLL predicts escalating investment activity in the sector...

10 Feb 2017

Nigeria's slowdown affects retail, investment opportunities

According to Broll Nigeria, retail landlords have had to offer rental concessions in order to retain tenants in Nigeria and falling commodity prices, coupled with the depreciation of the naira, have contributed to the reduction of Nigeria's attractiveness as an investment destination in general...

12 Oct 2016

Navigate Bizcommunity to where the business is

An increasing number of our core advertising, marketing and media audience and other professional subscribers are discovering that navigating editorial offerings across Bizcommunity's 18 multi-industry portals makes good sense...

Issued by Bizcommunity.com 7 Oct 2016

Hilton Worldwide announces line-up of hotel firsts for Africa

Hilton Worldwide announced new properties and extensions at AHIF. Among the new hotels agreed is Africa's first modular build hotel, Africa's tallest hotel in Nairobi, and...

4 Oct 2016

Connecting Africa's cities with developers, investors, planners

The African Real Estate & Infrastructure Summit will this November showcase city development plans on the continent at the CTICC in Cape Town...

19 Sep 2016

Why we need to unite to feed children while at school

In a call for Cape Town to unite against hunger at our schools, the Peninsula School Feeding Association's Charity Family Fun Walk, Blisters for Bread, will take place at the Green Point Cricket Club on Sunday, 28 August...

Issued by Peninsula School Feeding Association 16 Aug 2016

African Sun Limited sets aside $25m for hotel expansion

Listed hospitality group African Sun Limited has budgeted $25 million for the expansion of Monomotapa as negotiations with the City of Harare...

By Enacy Mapakame 4 Jul 2016

Jumia to become Africa's one stop online destination

With a new vision, the Africa Internet Group is connecting its companies into Jumia's ecosystem which will give access to products and services from its e-commerce platforms...

24 Jun 2016

Carlson Rezidor leading hotel boom in Africa

Accelerating its growth strategy in Africa, Carlson Rezidor has opened five Radisson Blu hotels in the first six months of 2016 and signed four new hotels including...

22 Jun 2016

Deal to create Africa's largest classifieds group

Ringier Africa and One Africa Media (OAM) have agreed to merge their pan-African Classifieds assets to create and grow Africa's largest classifieds group...

Issued by Private Property 11 May 2016

It's officially Design Month on Biz

Traditionally February is dedicated to all things design on Biz. This year we're rolling out the design theme, with a multi-industry Design Month feature on how design is influencing 20 sectors locally and globally...

Issued by Bizcommunity.com 1 Feb 2016

Shoprite opens store in Tete Province, Mozambique

The Tete Junction shopping centre opened recently in the Tete Province of Mozambique. The centre features the first Shoprite store in the province...

8 Dec 2015

One Africa Media teams up with leading Mauritian Media Group La Sentinelle

One Africa Media has aquired a stake in Property Finder Ltd, a subsidiary of La Sentinelle Ltd who operates the leading property portal in Mauritius, Lexpressproperty.com, as well as other publications including home decor website, lacase.mu...

Issued by Private Property 15 Oct 2015

Retail, consumer confidence remains positive: Capco

Capital & Counties Properties (Capco) provides a rosy forecast, saying the outlook for retail and consumer confidence remains positive...

30 Jul 2015

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International

Sirius makes acquisitions worth €103m

Sirius Real Estate enjoyed a "highly successful" period in the 12 months to March.

By Alistair Anderson 12 Apr 2017

Echo Polska seeks to raise R1.65bn in new share issue

Polish shopping mall and office owner, Echo Polska Properties, said on Wednesday, 5 April, that it planned to raise R1.65bn through the issue of new ordinary shares.

6 Apr 2017

Property group Globe Trade Centre opens the door to regular dividends

Poland-based real estate group Globe Trade Centre (GTC), which develops and manages properties in eastern Europe, has decided to pay regular dividends, thanks to a better than expected performance since listing in August 2016.

By Alistair Anderson 23 Mar 2017

Greenbay and Resilient to buy two malls in Portugal

Property groups Greenbay and Resilient intend buying two Portuguese shopping centres for €219.25m. Each will pay half for a 50% stake, they announced on Thursday, 16 March.

By Matthew Stevens 20 Mar 2017

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