REITs poised to become next big thing in African real estate
Experts are backing REITs as the next frontier for large-scale real estate investments on in Africa’s expanding property markets. Originally a preserve for South African...
Marriot reveals aggressive expansion plan for Africa
Marriott International announced its plans to add another 40 properties and over 8,000 rooms across Africa by the end of 2023. During the Africa...
Global hotel construction pipeline hit a 10-year high in 2018
Global hotel construction pipeline hit a 10-year high in 2018, according Lodging Econometrics, a firm which specializes in hotel real estate intelligence. According to...
Hotels in mixed-use developments attract more funding
A new report from JLL, a global professional services firm specializing in real estate, has revealed that people seeking to finance a new hotel...
Africa poised to attract billions in investment capital
The growth and opportunity displayed by a diverse spread of International funds, DFIs, Banks, PE firms, institutional investors and others is evidence that despite...
African REITs will increase transparency in property markets
Real Estate Investment Trusts are have a huge gap to fill in Africa’s real estate markets. The REITs sector has been seen a rather...
Africa’s top hotel event adds millions to local economies
An independent report has quantified the economic benefits to host countries of the influential Africa Hotel Investment Forum (AHIF). The assessment revealed that the AHIF...
Global housing markets are slowing down; research
The global housing market is coming full circle it seems. Experts from certain quarters are getting apprehensive about the health of the housing markets,...
Why Tatu City Developer is building 7 satellite cities across Africa
After the Asian boom, what next? Africa markets are poised to be the fastest growing and certainly the next big emerging real estate scene....
Real estate firms partner to provide occupier services in SSA
Two global real estate services firms, Cushman & Wakefield and Broll Property Group, have entered into an exclusive affiliate arrangement in a new venture...
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Watamu skyscraper to unseat The Pinnacle as tallest building
Before the dust settles on news of the ongoing construction of Africa’s tallest building in Upper Hill, Nairobi, something is happening at the Kenyan...
How Big Is An Acre Really?
An acre is the typical measurement of a piece of land, used by buyers and sellers to have an understanding of the size of...
Kenya Construction Costs, 2017
The construction industry represents 6 percent of global GDP according to the International Construction Market Survey for 2017. However, productivity growth in the construction industry...
AVIC unveils the Global Trade Centre in Nairobi
Chinese company AVIC International, through its Kenyan subsidiary yesterday unveiled the Global Trade Centre (GTC) a city complex set on 7.5 acres of land...
Second Phase of Dongo Kundu Bypass to begin next month
Phase 2 of the Dongo Kundu bypass project is set to be rolled out from next month after the Attorney General gave clearance to...