Rockcastle reports a headline loss of 1.65 US cents in the six months ended December 31 from a profit of 13.79 US cents a year earlier.
There are opportunities for property investors and developers to achieve high returns in Africa, says head of Africa at property consultancy Knight Frank.
Three years ago only a handful of formal shopping centres were scattered across Africa, now developers are starting to flow into new retail-focused projects.
An undersupply of quality hotels catering to business travellers means hospitality development in commercial centres has become a pivotal strategy for hoteliers
Poor airport infrastructure characterised by uneven development and lags in growth, as well high user charges are among challenges hindering growth in Africa
South African investors and developers looking at investing in Africa need to partner with locals and be involved for the longer term as returns might not be attractive initially, according to Fergus Mackintosh, head of real estate for Africa at Standard Bank.
One of the key structural drivers of economic performance is economic openness which measures the connectedness and mobility of economies that comes about through international trade, capital flows and the movement of information and people.
The Department of Transport embraces the airport cities and aerotropolis concepts as a way to use the aviation infrastructure to meet other social and economic goals of the country
In line with its growth strategy‚ Tsogo Sun has announced an investment of R900 million towards the group’s hotel expansion in Africa.

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