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Kenya - The hub of business in East Africa sees two new Regus business centres opening in Nairobi

Nairobi, the commercial nerve centre for Kenya, eagerly awaits the arrival of two additional business centres in December 2017...

Issued by Go Content Lab 27 Nov 2017

Four Points by Sheraton makes its debut in Tanzania

Marriott International has announced the opening of Four Points by Sheraton Arusha, The Arusha Hotel, marking the debut of the brand in Tanzania. Rebranded after renovation, the hotel retains...

24 Oct 2017

Setting up shop in Africa presents challenges

Although there are untapped opportunities in the sub-Saharan African real estate markets, retailers face many challenges to setting up shops in some countries...

31 Aug 2017

Marriott to strengthen Indian Ocean position with debut of Ritz-Carlton in Zanzibar

The hotel will be part of the Amber Resort complex expected to be the largest mixed-use development in Africa occupying approximately 1,750 hectares of pristine Indian Ocean coastline in the northeast of the island...

23 May 2017

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

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

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

Affluent Africa drives demand for property

The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world...

11 Feb 2015

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

Marriott clinches deal to buy biggest African hotel chain

US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.

23 Jan 2014

Hyprop buys 87% of African Land for R768m

Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.

29 Nov 2013

Property listings on the move

The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.

By Joan Muller 5 Oct 2013

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