In line with its growth strategy‚ Tsogo Sun has announced an investment of R900 million towards the group’s hotel expansion in Africa.

Reports abound of more and more South African companies doing business in Africa, but why are they not investing that money locally, are there challenges to making development work locally? Looking back over the last few quarters some disturbing stories have emerged.

The International Monetary Fund predicts sub-Saharan Africa growing at 5.4 percent this year compared to 1.4 percent for developed economies.

Broll Property Group, based in the affluent Johannesburg suburb of Sandton and an affiliate of Los Angeles, CA-based CBRE, today has one of the largest commercial real estate management portfolios on the continent of Africa - 65 million square feet (six million square meters) in 15 countries.

Tuesday, 16 October 2012 12:26

Urban Africa growth to drive wealth creation

Significant growth opportunities predicted for the African continent by 2020. In fact with a rapidly increasing population, sharp rise in cost of living and an increased need for employment, migration from rural to urban areas has intensified considerably.

Wednesday, 12 September 2012 12:58

Brave punt for Sub-Saharan hotel sector

The outlook for the hotel industry in Sub-Saharan Africa looks increasingly positive, with potential growth of 7-15 percent in RevPAR (revenue per available room) expected for 2012 compared with 2011 - which augurs well for the future of the industry in the region, said Joop Demes, CEO of Pam Golding Hospitality, a member of the Pam Golding Property group

Thursday, 23 August 2012 16:10

Hyprop: Rosebank Mall and Africa focus

In a busy period Hyprop advanced its strategy of growing its asset base with the approval of the Rosebank Mall redevelopment and by expansion into Africa through an investment in Atterbury Africa

Friday, 17 August 2012 11:19

SA property boost from Africa!

A recent FNB Property Barometer Survey of Estate Agents from John Loos reports a sign of improved confidence in the African economy, with an estimated 20% of foreign investment into SA real estate coming from Africa

The property world and business environment is changing in tandem with macro global forces and micro market nuances. This is just one of a number of themes that eProp picked up at the IPD conference in Cape Town South Africa over 18-19 July 2012.

Published in Blog

West property, Augur Investments and McCormick Property Development, are dreaming of building a 68, 000sqm Shopping Mall in Zimbabwe located in Harare’s up market Borrowdale suburb. According to The Zimbabwean online (UK), this represents the biggest shopping mall in Africa, outside South Africa. The tri-partite investment partners say they used their 'gut feelings' and ocal knowledge in deciding to sink their money into Zimbabwe. That's pretty gutsy indeed!

Page 20 of 26

Most Popular

Residential property market gathering momentum, says Eazi Real Estate

Nov 18, 2020
Parklands_3_bed_sale_R1.999m_Eazi_Real_Estate
In this last quarter concluding in December 2020, the residential property market…

Lockdown impacts buying trends of generations of home buyers

Nov 15, 2020
Andrew_Golding_Golding_PropertyGroup
The Covid-19 pandemic and lockdown has been a catalyst for highlighting the different…

Second-hand shopping is being revolutionised and expanding the circular economy

Nov 18, 2020
EPP CEO_Tomasz Trzoslo
Conscious consumers are championing the resale of goods to reduce waste and extend the…

Pam Golding Properties awarded Best Real Estate Agency in South Africa in International Property Awards

Nov 18, 2020
IPA Awards Pam Golding Properties 2020 - 2021
Competing against real estate companies from around the country, this is the 14th year…

SA commercial real estate delivers in excess of 12% yield on equity

Nov 18, 2020
Steven_Brown (1)
A silver lining amongst the many dark clouds dominating South Africa’s current economy…

Please publish modules in offcanvas position.