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The USD95 million Kumasi City Mall developed by leading South African property development and investment company Atterbury has opened to become Atterbury’s fourth retail development in Ghana.

The new Kumasi City Mall in Ghana’s city of Kumasi will open on 20 April 2017.

A two-speed cycle appears to have evolved in emerging economies with some racing ahead and others lagging behind.

The Green Building Council South Africa (GBCSA) is entering its 10th year of operation on a high note with a milestone 200 buildings rated with Green Star SA certifications. 

The listed property sector has managed to outperform other equities but has been outdone by bonds during 2016 so far.

Specialist shopping centre REIT, Hyprop reported double-digit growth for the year ended 30 June 2016 off the back of its defensive quality shopping centre portfolio.

The latest research from JLL indicates that the demand for new purpose-build student accommodation in Sub-Saharan Africa (SSA) is set to exceed 500,000 beds over the next five years.

While most of last year was a pleasing one for Hyprop shareholders, 2016 has begun on a poor note. In fact, 2015 ended with little good news from the marketplace, as the stock plunged after a months-long rally.

The Royal Institution of Chartered Surveyors (RICS) has announced the appointment of Benjamin Manu as the new regional manager for West Africa.

Rapid urbanisation, population growth and an undersupply of formal retail space continue to drive growth in the retail sector across Sub-Saharan Africa.

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