The Royal Institution of Chartered Surveyors (RICS) has announced the appointment of Benjamin Manu as the new regional manager for West Africa.
Dual currency funding structures can bring stability and robustness to real estate deals in sub-Saharan Africa, as developers and retailers seek solutions to the volatility currently faced in their domestic economies.
Investec Australia Property Fund announced a $26.0 million acquisition in one of Perth’s core industrial suburbs, taking the value of the Fund’s total portfolio to $405.5 million.
Germany-focused business park owner Sirius Real Estate is winning over South African institutions after taking up a secondary listing on the JSE at the end of last year.
Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners VIII (“BREP VIII”), at $15.8 billion.
While the local commercial property finance market has been constrained by poor economic growth, rising operating costs and low business confidence in the first half of this year, it remains buoyant, continuing the strong trend seen over the past few years, according to Nedbank Corporate and Investment Banking (NCIB) managing executive of property finance Robin Lockhart-Ross.
One of Africa’s leading property services firm, Broll Property Group scooped eight awards in the Euromoney Real Estate Awards 2015.
Unprecedented liquidity in global capital markets is fuelling investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa (SSA) says JLL in its latest research paper “Emerging Beyond the Frontier”.
A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent.
The sentiment levels of consumers are sliding, which is not good news for the retail property market.

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