Africa > Real Estate

Real Estate in Africa

  • Pretoria Shopping Center Development Near National Zoo Gets $11.5 Million Loan

    SOUTH AFRICA, 2013/02/02 A South African finance firm and a well-known developer are partnering in developing Tiny Town Phase II, expected to be a landmark retail and residential complex at the same time as completed in 2014, even though the retail component will be on the small side at prime.
  • Just Property Group CEO, John Roberts

    SOUTH AFRICA, 2013/01/17 Property remains the key pillar in the investor's armament, offering long-term increase coupled with rental gain in the medium-term. Just Property Group CEO, John Roberts says the question on whether that investment should be in South African property or globally is one of personal choice.
  • Africa Increase and Opportunity Act (AGOA) beyond 2015

    SOUTH AFRICA, 2013/01/17 US acting secretary of commerce Rebecca Blank on Wednesday launched the Doing Business in Africa Campaign, while as well expressing concern at the recent labour strikes in South Africa. “Any business leader will tell you that their investment and commitment to an area is very strongly related to their sense of political and economic stability in that area. South Africa has been a gateway to the rest of the continent in part because it has had a growing and stable economy.
  • Hotel investment outlook ‘strong’ in EMEA

    EUROPE, 2013/01/03 Nearly 28.8 % of investors are targeting upscale hotel properties for investment in Europe, Middle East and Africa (EMEA), a statement said, adding that request for luxury assets is highest in Dubai, Abu Dhabi and the French Riviera. Forty % of hotel investors are as well likely to buy assets over the next months, with positive buy intentions focused on Germany’s major cities and other key EAuropean markets, added the new Hotel Investor Sentiment Survey by Jones Lang LaSalle Hotels, a provider of hotel investment, advisory and investment management services.
  • Kenya’s Growing Luxury Housing Market Not for Locals

    KENYA, 2012/12/30 Despite the development boom in national-of-the-art luxury homes in Kenya, the country’s upper class has fallen on hard times and can no longer afford them, according to economic experts here. Instead, Kenya’s formerly wealthy have presently become part of the continent’s growing middle class. According to the African Development Bank, by 2010 Africa’s middle class had risen to an estimated 34 % of the continent’s people or nearly 350 million people – up from about 126 million or 27 % in 1980.
  • Construction quality control in every wilaya

    ALGERIA, 2012/12/19 To adequately cover the whole country, the national organisation is divided into major territorial bases: North, South, East, West, and the additional industrialised Centre, or ‘Chlef’ region. Each wilaya (territory) has at least agency, with additional offices in larger cities, such as Algiers which has branches, to meet request. “We act like a quality control office, such as Bureau Veritas,” says Mohamed Cherif, CEO of the CTC Centre. “Our major mission is to control a project from upstream to downstream. First the project’s conception and design are looked at and then we give our quality stamp on the execution plan; these steps represent the study stage. The second phase is the implementation of the project. We intervene to check the work on site complies with the plans we approved.”
  • Real estate development in Algeria

    ALGERIA, 2012/12/19 Amount construction was a national monopoly – from land acquisition and project evaluation to environmental impact studies, building and delivery to the buyer. A law in 1986 changed this landscape, opening the door to the private sector and allowing it to participate in real estate projects and help raise the supply of housing in a country where request vastly outstripped supply.
  • Modern African luxury

    KENYA, 2012/12/17 Located on Victoria Island, one of the majority exclusive areas in Lagos, Eko Hotel & Suites enjoys a privileged position near beautiful Kuramo Beach. Though just minutes from Lagos’ bustling financial district, the resort is far enough away for business travellers to be able disconnect, unwind and enjoy the a lot of amenities Eko Hotel & Suites has to offer. Hotel guests can enjoy lovingly landscaped swimming pool, which is the animated backdrop for live music at weekends. For those who seek to remain in shape while in Lagos, floodlit tennis courts and beach volleyball and basketball courts are on site for guests.
  • Moroccan Group Wins Housing Deal in Côte d’Ivoire

    MOROCCO, 2012/12/08 Moroccan real estate group Alliances Développement Immobilier (ADI) has won a housing transaction under which it will build some 7000 dwellings in Côte d’Ivoire, mainly in capital city Abidjan and surrounding areas. The transaction related partnership agreement was signed previously this week in the World Bank headquarters in Paris on the sidelines of the meeting of the Consultative Group on Côte d’Ivoire’s National Development Plan (2012-2015).
  • Morocco Boosts Middle Class Housing 2012-11-01

    MOROCCO, 2012/11/01 更多     Morocco Boosts Middle Class Housing