GERD

Ethiopia to clear 1000 hectares for dam reservoir

The government of Ethiopia has described preparations for land clearing behind the controversial Grand Ethiopian Renaissance Dam (GERD) ahead of commencing filling its Blue...

Dubai to launch floating luxury hotel

Dubai is set to present its latest piece of luxury attractions to the world in October this year. The Middle Eastern economic powerhouse is...

Nairobi Among Six Of The Most Promising Cities For Commercial Real Estate In Emerging...

A recent research by emerging markets platform Frontera shows that Nairobi is among six of the most promising cities for commercial real estate in...

Buying and Renting In East Africa

A survey done by the Centre for Affordable Housing in Africa in 2016, has revealed the variations in the prices, rent and financing of...

East Africa Construction Report, 2016

The Africa Construction Report for 2016, released by Deloitte has mapped out various parameters and statistics in the construction sector for the entire African...

Top ten issues affecting global real estate in 2018-2019

The Counsellors of real estate an international consortium that provides advice on real property has published the 2018-19 Top 10 issues affecting global real...

How real estate costs have changed

Real estate costs is one of the fixed costs that located organizations have to deal with, these include expense such as rent, leasing costs...

MovenPick expansion to include nine countries in 2018

Movenpick Hotel and Resorts has plans to open a series of hotels and properties this year. The 11 new properties, spread throughout nine countries...

Africa invested $4.1bn in real estate outside the continent in 2017

The heightened activity in private equity real estate funds which increased their cross-border investment by over 60% in 2017 according to the Active Capital...
Addis Ababa

Africa hotel performance recorded marginal increase in Q3 2019

Hotels in Africa registered a growth in occupancy, average daily rate and revenue per available room according to hotel data provider, STR. Occupancy rose by...

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Watamu Skyscraper Palm Exotjca

New Watamu skyscraper to unseat The Pinnacle as Africa’s number one

A new Watamu skyscraper dubbed Palm Exotjca proposed to be built in Malindi threatens to unseat the proposed Pinnacle Towers to become Africa's tallest...
Acre

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's Construction Costs

Kenya’s Construction Costs, 2017

Kenya's Construction Costs are one of the highest on the continent. The construction industry represents 6 percent of global GDP according to the International...

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...

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