Property experts speak on impacts of COVID-19 on real estate investments
A webinar organized by API events to discuss the impacts of real estate investment implications across Africa reveals the state of property market across...
Hotel and retail property sectors hardest hit by COVID-19 globally
The COVID-19 pandemic which has been most servery in the last 30 days, has touched every corner of global markets even though the impact...
Funding remains biggest challenge for African hoteliers
Funding remains the biggest challenge across Africa for hotel developers. In a recent interview by Ramsay Rankoussi, Radisson’s new head of development for Africa,...
Trends shaping the future of Africa’s retail markets
Africa’s retail landscape is undergoing change. Analysts project a sustained shift from informal to more formal retail markets as a result of emerging economic...
How COVID-19 is expected to affect real estate
Global property firm JLL has published an outlook of the global property industry during and post-COVID-19 crisis. The report highlights the impact of the...
Actis to create a $250 million African data centre platform
Pan-African private equity investor, Actis has announced that it is establishing a US$250 million data centre platform. The buy and build platform will comprise...
Conference highlights plan to address housing shortage in Africa
The African Union for Housing Finance has developed a five-point plan for governments to address Africa's housing finance shortage.
The plan, presented at the 35th Annual...
More hotels are now owned by franchisees
Franchised operations by major international hotel brands increased by 10 percent in the past decade from roughly 70% in 2010 to 80 percent in...
Real estate multinationals in Africa prefer building from scratch- survey
Setting up new offices has been the most popular choice for international real estate companies looking to expand across the continent.
A survey of property...
UK fund to invest $39 million in affordable green housing in Kenya
UK Climate Investments (UKCI) and the UK Government have entered into a partnership to invest up to $39 million towards affordable green housing projects...
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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...