Craig Hean, who in 2013 succeeded Mark Bradford as Managing Director of JLL South Africa, will now take the additional newly created role of Managing Director, Sub-Saharan Africa, which includes an overview of JLL’s hub office operations in Lagos, Nigeria, covering western Africa, and Nairobi, Kenya, covering eastern Africa.
As if on cue, shares in the suitably named Resilient REIT roared, entrenching themselves in the pound seat, after the firm churned out yet another bumper set of earnings numbers.
Hotel and casino group Sun International will remain a committed investor in Nigeria despite run-ins with that country’s authorities.
Women in construction are certainly an occupational minority, much like male nurses, male teachers and female surgeons.
Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group today confirm the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund.
Stanbic IBTC's quarterly financial statements due out this week will have to be signed off by other executives after the Nigerian Financial Reporting Council barred its chairman and CEO from doing so.
Capitalising on the huge, pent-up demand for quality retail space from Nigeria’s emerging middle class, fuelled by a fast-growing aspirant population with considerable buying power, rapid urbanisation and improved infrastructure, Grand Towers Property Fund is investing in retail and mixed-use developments with multi-national anchors in state capitals or ‘second-tier’ cities in Africa’s largest economy.

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