The hotel will be part of the Amber Resort complex expected to be the largest mixed-use development in Africa occupying approximately 1,750 hectares of pristine Indian Ocean coastline in the northeast of the island
The Rezidor Hotel Group has opened a Park Inn by Radisson in Nairobi's Westlands, the 35th hotel in its African portfolio..
There are pockets of glory, particularly in East Africa - but property investors need to do their homework before venturing in
One Africa Media has aquired a stake in Property Finder Ltd, a subsidiary of La Sentinelle Ltd who operates the leading property portal in Mauritius, Lexpressproperty.com, as well as other publications including home decor website, lacase.mu
Private Property 15 Oct 2015
JLL has launched its east African Hub in Nairobi, Kenya - the fifth JLL-owned and operated hub on the continent. Other JLL hubs in Africa are located in Casablanca, Cairo, Lagos and Johannesburg
A key takeout at the RICS (Royal Institution of Chartered Surveyors) Africa 2015 Summit in Johannesburg last week is that Africa is taking its place on the world stage in terms of real estate, infrastructure and construction
New PwC survey dispels myths about women and work
The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world
JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.
Joan Muller 20 May 2014
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.
A great man has passed away and we all mourn the loss of Madiba, but while we mourn, let us also celebrate the life and the achievements of one of history's greatest statesmen, and certainly South Africa's and Africa's greatest. (video)
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.
Joan Muller 5 Oct 2013
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
Zeenat Moorad 30 Sep 2013
The siege in Nairobi's Westgate shopping mall has raised obvious concerns over security and safety in a country poised for growth. This was the conclusion of HVS London director Tim Smith, attending the Africa Hotel Investment Forum 2013 in Nairobi this week, following the decision by organisers to go ahead with the conference.