Remote Working Outlook for Real Estate
Organizations around the world are using remote working arrangements to save on real estate and other operational costs.
A recent survey by the Capgemini Research...
New Sectional Properties Act Gives Apartment Owners Greater Transaction Powers
Kenyan President Uhuru Kenyatta on Friday signed into law the Sectional Properties Act and Statute Law (Miscellaneous Amendments) bills.
The new law is a boon...
Equity Bank Auctions Property Belonging To Ugandan Developer
Equity Bank has auctioned property belonging to a Ugandan developer following a court dispute involving a $10.8 million loan advanced to the developer in...
COVID-19 could ruin record year for Africa’s hotel developers
With more than 78,000 rooms in 408 hotels in the pipeline for Africa at the start of 2020, analysts are inclined towards the fact...
Senegalese Authorities Okay Akon’s Futuristic City
Senegalese state-owned SAPCO tourism company has given Akon the go-ahead to develop a futuristic crypto-powered city named Akon City.
The project built on 2000 acres...
African Development Bank has signed a five-year agreement to use FIDIC standard contracts
The African Development Bank (AfDB) has secured a major agreement with the International Federation of Consulting Engineers (FIDIC) that will give the international funding...
Africa Day 2020 to highlight African cities
Two-thirds of the urban space that Africa will need by 2050 will be built in the next 30 years according to UN-Habitat. Based on...
How predictive data is helping building professionals future proof their designs
Architects and design professionals create drawings and conceptual designs using data from the present to build structures in the future. Delays happen. In the...
Shelter Afrique and Habitat for Humanity in $100M affordable housing deal
Pan-African real estate financier Shelter Afrique, has signed a partnership with Habitat for Humanity’s Terwilliger Centre for Innovation in Shelter, to jointly avail funding...
Ten trends shaping African real estate in 2019
African markets are fast evolving. In the information economy, adoption of new ideas and technologies are occurring at unprecedented rates. In the midst of...
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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...
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, 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...