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Latest News

G47 Ugatuzi Towers Project Runs Into Difficulties

The recently launched G47 Ugatuzi Towers project has hit a snag after Kenya County Government Workers Union moved to court challenging the multi-billion shilling...

New Kisumu Land Rates That Will See Owners Pay Over 7,000...

Kisumu County yesterday published the proposed new land rates which will see the rates payable amount rise by up to 7,275 percent from the...

Kasada has Acquired 1602 African Hotel Rooms From AccorInvest

Kasada Hospitality Fund LP (“Kasada”), yesterday announced its acquisition of a portfolio of Sub-Saharan African Hotels from AccorInvest. The acquisition is the first transaction made...

Konza Technocity and Tatu City Rorm Partnership to Attract Investments

Konza Technocity and Tatu City yesterday announced a new partnership that will see the two entities working together to attract investors. In a statement, representatives...

Global Investors Plan Less than $2 Billion for African Real Estate

Global real estate investment volumes by institutional investors is projected to reach $78.9 billion in 2021 according to this year’s Investment Intentions survey. Africa and...

Building Contractors Face Losses on Sharp Rise of Steel prices

Building contractors in Kenya are faced with the prospects of running into significant losses after a steep rise in the prices of steel over...

International Updates

Tanzania to Construct 341-Kilometre SGR from Mwanza to Isaka

Two Chinese companies have won the bid to construct the 341-Kilometre Standard Gauge Railway from...

Africa’s proptech firms struggle to find investors

Raising decent cash in Africa as a proptech firm, is a complex and difficult undertaking....

What Real Estate Developers All Over the Globe are Saying

Real Estate Developers have expressed sentiments collected in the recently published Global Development Report by...

Africa Retail Report Reveals 5 New Trends Shaping Retail

The Africa Retail Report which provides an analysis and outlook of the retail sector performance...

Nigeria’s Lagos Free Zone To Attract Billions Worth Of Property Investments

Lagos Free Zone (LFZ) the first privately owned special economic zone in Nigeria with an...

Equity Holdings To Develop Kigali International Financial Centre Towers

Equity Holdings Venture Capital, an investment arm of Equity Group plans to build towers for...

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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