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Group CEO of Broll Property Group, Malcolm Horne has been appointment President of the South African Council of Shopping Centres (SACSC) at a recent Annual General Meeting.
As it enters its 10th year in operation, The Green Building Council South Africa (GBCSA) has reached the remarkable milestone of 250 green building certifications in Africa.
With South Africa and Nigeria being Africa’s two biggest economies, the recent credit rating downgrades by global ratings agencies, will negatively affect both nations and hit Africa’s overall economic growth.
Funding commercial property developments with a mix of hard and local currency provides an innovative mechanism for Africa’s commercial real estate sector, to mitigate currency volatility and liquidity risk says Standard Bank.
Africa’s cities need to brace themselves for millions more people over the next few decades with the continent having one of the fastest urbanisation rates in the world.
International real estate advisor Savills has today (14 February 2017) announced that its existing associates in South Africa, Pam Golding Properties and 5th Avenue Africa, have joined forces to create a new venture.
Investment grade hotel assets on the continent are traditionally tightly held due to the dominance of owner operators, high net worth individuals and family offices.
Murray & Roberts and Southern Palace Group today announced the purchase of the Murray & Roberts Southern African Infrastructure & Building (“I&B”) businesses, by a consortium led by the Southern Palace Group of Companies (Proprietary) Limited (“Southern Palace”).
Speaking at the Africa Hotel Investment Forum in Kigali, Rwanda, Xander Nijnens, Senior Vice-President, Hotels and Hospitality Group, JLL Sub-Saharan Africa, said: “Our medium-term outlook for the hotel sector is positive and JLL forecasts demand growth of 3% to 5% per annum during the coming three years.
Standard Bank Group, Africa’s largest bank by assets has been voted the Best Overall Bank in Africa in the 2016 Euromoney Real Estate Survey Awards for the fourth consecutive year.