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.

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

JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses. 

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.

Atterbury Property Developments’ new R1.4 billion Newtown Junction mixed-use development in the Joburg CBD took top honours and scooped multiple awards at the 2015 SA Property Owner’s Association (SAPOA) Annual Innovative Excellence in Property Development Awards.

Woolworths has opened a new store in Accra's upmarket West Hills Mall, the retailer's second store in Ghana.

When West Hills Mall opens in Ghana’s capital Accra, it will become the largest single-phase modern shopping centre in the city.