In one of the largest real estate transactions in Africa over the past year, Lango Real Estate Limited has agreed to acquire the Africa (ex-South Africa) retail real estate portfolio ultimately owned by JSE-listed REITs Hyprop Investments Limited and Attacq Limited.

Radisson Hotel Group is proud to announce the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32 African markets.

The Sub-Saharan Africa market may seem daunting and complex for the first - time investor or developer. 

The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank.

Nigeria’s economy is showing some green shoots that point to improved growth in the coming quarters but the outlook has done little to bolster investor confidence in the local retail and office market sectors.

JSE specialist shopping centre REIT, Hyprop, today announced the sale of Manda Hill Shopping Centre located in Lusaka, Zambia.

One of the key ways for Africa to attract significant external investment is to improve levels of liquidity across the continent. 

Broll Property Group, the largest independently owned Pan-African commercial property services company, has entered into an exclusive affiliate arrangement with Cushman & Wakefield, a leading global real estate services company.

Broll Property Group (Pty) Ltd announced this morning that it has ended its affiliate partnership with US-based CBRE Group, Inc.

Dr. Kennedy Okonkwo, a top player in affordable real estate in Nigeria has featured on the November edition of Forbes Africa where he revealed that long term partnerships between private and public sector is key to improving housing gap in Nigeria.

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