HVS' Hotel Valuation Index reveals Africa hotel market evolving despite challenges
HVS' Hotel Valuation Index reveals Africa hotel market evolving despite challenges

The fifth edition of the HVI analysed the hotel values of 26 markets operating in 19 African countries, providing crucial information for investors...

6 Sep 2018

Africa's hotel market proves resilient in latest PwC findings
Africa's hotel market proves resilient in latest PwC findings

The hotel industry's potential for business growth has been reflected in the increase in the number of foreign and domestic travellers visiting the continent, as well as in the number of hotel chains established...

5 Jul 2018

THINC Africa 2018 a boost in African tourism
THINC Africa 2018 a boost in African tourism

"There's a consistently negative stigma around travelling in Africa which has been snowballing for years. We need to position ourselves correctly and draw attention to the positive experiences that can be had here."

3 Jul 2018

Affordable housing solutions in pipes, containers and 3D printers
Affordable housing solutions in pipes, containers and 3D printers

A critical shortage of affordable housing across the world is triggering creative solutions...

By Rina Chandran 7 Jun 2018

Marriott International solidifies its West African portfolio with hotel in Mali
Marriott International solidifies its West African portfolio with hotel in Mali

Mariott International, in collaboration with the Koira Holding Group, has opened the Sheraton Bamako Hotel - marking its entry into Mali and solidifying its portfolio across West Africa...

6 Jun 2018

Another step towards Africa's digitisation
Another step towards Africa's digitisation

Digital transformation of service economy can drive growth across Middle East and Africa, says World Bank...

30 Apr 2018

Housing microfinance can be win-win for poor people and financial institutions
Housing microfinance can be win-win for poor people and financial institutions

Housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa...

13 Apr 2018

Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism
Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism

On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...

6 Mar 2018

#BizTrends2018: The new rules of retail
#BizTrends2018: The new rules of retail

If you're searching for proof that retail as we know it is changing, look no further than Shanghai's 24-hour, unstaffed, self-driving grocery store...

By Lauren Hartzenberg 29 Jan 2018

Image supplied
Carlson Rezidor opens second hotel in Dakar, develops MICE offering

Radisson Hotel Dakar Diamniadio features 152 contemporary guest rooms and over 14,700 m² of space for large-scale exhibitions, conventions and events...

23 Jan 2018

Marriott International adds mixed-use property to its Nigerian portfolio
Marriott International adds mixed-use property to its Nigerian portfolio

"The Renaissance Lagos Hotel and Marriott Executive Apartments will be a significant addition to our strong Nigeria portfolio. There is a growing need for high calibre short and extended stay lodging in Nigeria..."

16 Nov 2017

Kigali, Rwanda. © Dereje Belachew via
Africa needs coordinated strategies for urbanisation

Africa's rapid urbanisation can be a driver of industrialisation and there is an urgent need to connect policies and strategies for urban and industrial development...

25 Oct 2017

(Source: Derou & Partners)
Confortis launches affordable housing hub Wellcity.O2

Confortis International Group launched the display housing developments of the second Wellcity.O2 hub in the new town with the aim to help middle-class Africans buy...

23 Oct 2017

Lack of maintenance causes breakdown in landlord-tenant relationships
Lack of maintenance causes breakdown in landlord-tenant relationships

Sunell Afrika, rentals manager for SAProperty.com, says that "one of the biggest causes of a breakdown in landlord-tenant relationships is where there is a lack of maintenance or repair"...

10 Oct 2017

Chris Titmas (Profica), Malcolm Matanda (Profica), Leonard Michau (Broll)
West Africa Property Investment (WAPI) Summit to address demand for mixed-use developments

The West Africa Property Investment (WAPI) Summit takes place 28-29 November at the Eko Hotel & Suites in Lagos, Nigeria...

10 Oct 2017

Knight Frank wealth report indicates Africa's growth potential
Knight Frank wealth report indicates Africa's growth potential

Knight Frank's latest Wealth Report Attitudes Survey indicates a slight decrease in Africa's growth potential in wealth from 89% last year to an estimated 82% for 2015, but still the continent is third on the list, with North America first and Latin America at 85%...

2 Apr 2015

African real estate attracts increased foreign investment
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
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

Female millennials are the most confident and ambitious of any female generation
Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

Affluent Africa drives demand for property
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
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
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

India's Beyond Squarefeet to manage Nigeria's largest mall
India's Beyond Squarefeet to manage Nigeria's largest mall

India's first mall management company, Beyond Squarefeet, is to manage 'Ado Bayero Mall', described as the first ultra-modern shopping mall in Kano, northern Nigeria, and the largest mall in the country.

5 Feb 2014

Marriott clinches deal to buy biggest African hotel chain
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

Tribute to Nelson Mandela... Celebrate Madiba's life...
Tribute to Nelson Mandela... Celebrate Madiba's life...

A great man has passed away and we all mourn the loss of Madiba, but while we mourn, let us also celebrate the life and the achievements of one of history's greatest statesmen, and certainly South Africa's and Africa's greatest. (video)

6 Dec 2013

RMB to fund USD182m property development in Nigeria
RMB to fund USD182m property development in Nigeria

Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).

5 Dec 2013

Hyprop buys 87% of African Land for R768m
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
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

Truworths slows drive into Africa
Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

Africa fund heads for JSE
Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

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