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Tsogo Sun building new R220-million StayEasy in Maputo

“StayEasy Maputo is in a magnificent location, and being part of a mixed-use development, will undoubtedly be popular with both business and leisure travellers looking for the best and latest accommodation in the economy branded sector.”

2 days ago

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

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

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

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

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

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

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

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

Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015

African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

1 Apr 2015

RICS examines future vision for African real estate

A key takeout at the RICS (Royal Institution of Chartered Surveyors) Africa 2015 Summit in Johannesburg last week is that Africa is taking its place on the world stage in terms of real estate, infrastructure and construction...

30 Mar 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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