South Africa has welcomed the announcement that Nigeria, Africa's most populous nation, is now the biggest economy in sub-Saharan Africa after it rebased its gross domestic product (GDP).

Attacq today announced its maiden half-year results since listing on the JSE on 14 October 2013.

Hyprop Investments' share price falls 4% over the past week‚ creating what some believe is a temporary buying opportunity for investors keen to share in the spoils of SA's largest shopping centres and the burgeoning consumer markets of Ghana and Zambia.

Improved key performance indicators have contributed significantly to the full-year performance of SA Corporate Real Estate Fund, which recently announced 8.6% distribution growth for the year to 31 December 2013, surpassing market expectations.

Having highlighted Africa as a primary focus, the Royal Institution of Chartered Surveyors’ (RICS) global President Elect, Louise Brooke-Smith is currently visiting South Africa (February 2014) and Ghana.

Private equity firm Actis is investing a further $278m of equity into property developments in sub-Saharan Africa, bringing its total African property investments across two funds to about $433m.

Jones Lang LaSalle today announced the appointment of Mark Bradford, currently managing director of its South Africa business, as its first chairman for Sub-Saharan Africa, with a broad remit overseeing the firm’s growth strategy across the whole African continent.  

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.

Sanlam’s sub-Saharan Africa Real Estate Fund lists on the Stock Exchange of Mauritius.

The Rezidor Hotel Group, whose brands include Regent, Hotel Missoni, Radisson Blu and Park Inn, intends to ramp up its presence in South Africa and the rest of sub-Saharan Africa as part of its focus on high-growth emerging economies.

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