Samih Sawiris

Egyptian Real Estate Mogul Has Acquired Thomas Cook Germany

Egyptian business magnate Samih Sawiris has acquired the German Subsidiary of fallen travel firm Thomas Cook through his Raiffeisen Touristik (RT) Group according to a...
Africa Hotel Investments

Africa’s hotel investors push for total control

Hotel investors in Africa are shifting gears. According to global real estate firm, JLL, investors with an eye on the growing Sub-Sahara African market...

Pan-African REIT CEO unpacks company’s strategy for success

While many South African companies have had mixed successes when venturing into Africa, the multi-listed Pan-African REIT (real estate investment trust) Grit Real Estate...
Morroco Slum Upgrading

Morocco declares 59 cities free of slums

Moroccan authorities have declared 59 cities slum free according to housing minister Nezha Bouchareb. As part of slum elimination efforts, the country has been...

Dar to begin phase II of BRT project

The government of Tanzania has begun the process of compensating people whose properties would be pulled down along the second phase of...
Hotel industry news- estate cloud

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...
Britam Towers Kenya

Skyscraper completions declined by 13.7 per cent in 2019

According to the Council on Tall Buildings and Urban Habitat's newly released annual report (CTBUH) Tall Trends of 2019, there are now 170 supertall...

The Reality of Ideal Cities

Knight Frank’s recently published Global Cities report, sheds some light on the advances of human civilization, which began in cities, in city building. In...
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...

70 percent of the world’s people still live without documented property rights

Economists refer to unregistered property as 'dead capital' because without a formal document, the occupant is not an owner. Jack Dangermond, founder and president...

Popular Posts

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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