Real Estate News - API Events
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Real Estate News

The Latest News In African Property

NEWS BLOG POSTS – BY INDUSTRY LEADERS

API Events showcases the most important news and insights impacting African real estate in our monthly newsletter. If you would like to sign up, please do so below.

JUNE 2021 NEWS

Student accommodation in South Africa gets $10 million boost from the World Bank Group

 

Engineering News: Read More

Lango, Standard Bank, RMB conclude largest real estate financing deal in African history

 

Property Wheel: Read More

Botswana’s RDC properties eyes take over of SA’s Tower Property Fund & de-list

 

IOL: Read More

Ngara landowners to get billions in bus terminus construction plan (Nairobi)

 

Business Daily: Read More

The Promenade, Westlands, Nairobi | Edge Certified

 

The Promenade is an EDGE-certified, multi-tenant commercial office building in Nairobi. The seven-story building utilizes resource-efficient design features and technologies to reduce its environmental impact and lower its operatingcosts. The building’s developer, Krystal Investment Ltd, was committed to improving the resource efficiency of the Promenade, especially regarding the building’s water usage. As the water demand in Nairobi has skyrocketed due to ever increasing modernizationand construction in the city, a water-efficient building has become essential. Learn more about The Promenade on the EDGE website.

Nigeria: Ketron Investment Completes Acquisition of Shoprite

 

All Africa: Read More

IMF and Zambia closing in on full support programme, JPMorgan says

 

Yahoo Finance: Read More

Mixta Real Estate lists N960m commercial papers on FMDQ Exchange

 

The Nation Online: Read More

Kenya: Home prices drop as land value increases

 

Business Daily: Read More

Standard Bank funds its first real estate deal in the DRC for USD9 million

 

Standard Bank, Africa’s largest financial services organization by assets, is proud to announce that it has completed its first real estate transaction in the Democratic Republic of Congo (DRC). This significant transaction will contribute to addressing criticaldevelopmental issues that the United Nations is aiming to solve by 2030 through its sustainable development goals (SDGs). Findout more here .

WATCH: Affordable housing as a driver of post covid recovery in SSA real estate

Shelter Afrique signs USD1.5bn housing deal with South Sudan

 

Radio Ramazuj: Read More

Tanzania’s National Housing to cut house prices by producing own inputs

 

The Citizen: Read More

Affordable homes budget doubles to Sh8bn in Uhuru’s last year in office

 

Business Daily: Read More

Property developers freeze fresh investments on low gains, occupancy

 

Business Daily: Read More

MAY 2021 NEWS

Growthpoint Investec African properties rebrands as Lango Real Estate

 

Property Wheel: Read More

Developer Gateway Real Estate Africa has $500m pipeline of projects

 

Business Day: Read More

Constructing and refurbishing retail stores to increase revenue for Java House

 

Turner & Townsend: Read More

Lafarge Cement opens new plant, lays foundation for 3D-printed houses in Zimbabwe

 

Construction Review Online: Read More

EDGE-Certified Social Housing in Cape Town

EDGE is helping developers make smart choices when designing green. Watch Belhar Garden’s story to discover how its resource-efficient design is helping its residents save with lower utility bills. Belhar Gardens was developed by the Madulammoho Housing Association, a social housing company that partnered with the City of Cape Town. An innovation of IFC, EDGE is a global software, a standard, and a certification system that proves that everyone wins financially by building green. EDGE creates intersections among developers, building owners, banks, governments and homeowners to jump start the mainstreaming of green buildings and to help tackle climate change. This video was produced for IFC by BBC StoryWorks, the commercial content division of BBC Global News, as a part of the #BuildingABetterFuture series​.

This video is brought to you by IFC EDGE.

Investec Property Fund launches first REIT sustainability-linked ESG bond in Africa

 

Investec Property: Download Now

IFC lends Mauritius firm, Grit, $25M

 

Business Daily: Read More

CDC Group supports Uhuru Growth Fund I in reaching $113m first close

 

CDC Group: Read More

American Homebuilders of West Africa Returns to Roots with Jobomax Rebrand

 

Cision US Inc.: Read More

Filling The Void Of The Much-Needed Affordable Houses Kenya

 

Soko Directory: Read More

Oil pipeline-related splurge raises Uganda real estate industry spirits

 

The Estate Africa: Read More

Kenya’s student accommodation opportunity

 

How we made it in Africa: Read More

Old Buxton estate modernised into affordable housing

 

The Star: Read More

(Y)OURSPACE

Four S’s will inspire the future form, function, quality and quantum of the office as it is reset against the backdrop of the Covid-19 pandemic, associated changes in working styles and a more challenging business operating environment.

 

Knight Frank: Download Now

APRIL 2021 NEWS

Africa Horizons – 2021: Africa Horizons highlights the wide range of real estate investment opportunities across the continent, including healthcare, agriculture, student property and hotels, and using data and the insight of our local experts discusses the factors driving them.

 

Knight Frank: Download Now

Lagos Free Zone (Tolaram Group) to attract additional $5bn investment to Lagos state in four years

 

This Day Live: Read More

Shelter Afrique eyes US$1.1 billion bond to fund low cost housing in Africa

 

New Ghana: Read More

We’re retaining earnings to drive growth, says Afriland

 

The Nation: Read More

Africa’s Climate Smart Buildings Seen Rising 50% in Five Years

 

Bloomberg Green: Read More

Growthpoint’s Cintocare is first green-rated hospital in Africa

 

IOL: Read More

The Business Exchange announces new Dollar-based investment opportunity for South Africans in Mauritius

 

EPROP: Read More

New properties Act to boost the appetite for apartments in Kenya

 

Business Daily: Read More

Carrefour opens second store in Kampala

 

The East African: Read More

Macroeconomic leading indicators of listed property price movements in Nigeria and South Africa

 

Centre for Affordable Housing in Africa: Read More

Nairobi tops African cities on innovation

 

The Star: Read More

Abacus Angola in association with JLL releases its 12th Real Estate Market Report for Angola 2021.

 

 

Abacus & JLL: Download Now

MARCH 2021 NEWS

DEVELOPER NEWS: Gateway Delta starts constructions on Tier III, five-megawatt data centre

 

Gateway Real Estate-LinkedIn: Read More

HOUSING FINANCE: Mortgage firm enters Rwandan market, sets eyes on local bank

 

The New Times: Read More

REPORT: Knight Frank: Kenya Market Update H2: 2020

 

Knight Frank: Download Now

REPORT: JLL: Spotlight on Africa Hospitality

 

JLL: Read More

DATA Centers: IXAfrica breaks ground on data center campus in Nairobi, Kenya

 

DCD: Read More

FUNDS: Grit Real Estate To Consider Extra Dividend, Aims To Be FTSE Eligible

 

Morning Star: Read More

INTERNATIONAL: German property company Deutsche Konsum heads for the JSE

 

Business Maverick: Read More

REPORT JLL: Global Real Estate Perspective – Highlights Investor and Corporate

 

JLL: Download now

RETAIL: Truworths is so keen to secure ‘Primark’ in SA it may create international trouble

 

Business Insider – South Africa: Read More

STUDENT HOUSING: Infraco Africa invests $10min Acorn’s REIT

 

CCE News: Read More

Zimbabwe: Harare CBD Properties to be used for accommodation

 

The Zimbabwe Independent: Read More

Hotels: Radisson Hotel Group remains on track with its robust African expansion

 

TravelDailyNews International: Read More

HOUSING: Africa’s housing revolution needs more than bricks and mortar

 

The Africa Report: Read More

HOUSING: Novarick Homes unlock lucrative property investments in Lagos

 

The Guardian: Read More

FEBUARY 2021 NEWS

REPORT: Nigeria real estate market outlook 2021

 

Northcourt Real Estate: Download Now

DFI NEWS: CDC Group Targets $1 Billion of African Investments in 2021

 

CDC Group (UK): Read More

HOSPITALITY NEWS: Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest

 

Businesswire.com: Read More

CO-WORKING: Workstlyle Africa eyes city expansion in flexible office business

 

The Star: Read More

ETHIOPIA: Germany company enters Ethiopian Real Estate Market

 

New Business Ethiopia: Read More

NEWS: Centum Real Estate lists Ksh.3B bond on NSE

 

Citizen Tv: Read More

HEALTHCARE: Healthcare REITS as a viable investment alternative in Africa – Knight Frank

 

Naira Metrics: Read More

HOUSING FINANCE: NCBA, Shelter Afrique ink homes financing deal

 

Business Daily Africa: Read More

E-COMMERCE: Move fast and break things: E-commerce players on a steep learning curve as they seek a business model for Africa – Sagaci Research

 

Julien Garcier: Read More

NIGERIA: Purple Group Launches Scheme to Deliver 1,000 Homes

 

This Day: Read More

UGANDA: Kampala Industrial And Business Park (KIBP) To Create 200,000 Jobs

 

Business week: Read More

HOUSING: UK pledges Sh8 billion for Kenya affordable housing scheme

 

Business Daily Africa: Read More

KENYA: Covid will influence housing trends towards Nairobi outskirts

 

The Standard: Read More

OFFICES: Côte d’Ivoire, Senegal, Nigeria lead Africa office demand rebound, says Haussmann Africa

 

The Africa Report: Read More

DECEMBER 2020 NEWS

DEVELOPER NEWS: Eris raises R500m ($35m) in funding for tech-driven student accommodation

 

Property Wheel: Read More

DFI NEWS: CDC announces US$75 million long-term dollar funding to Stanbic IBTC Bank PLC

 

CDC: Read More

NIGERIA: Hyprop to sell its Nigerian mall as the group exits its African investments

 

Property Wheel: Read More

NEWS: Click and Collect can reshape African E-commerce, Grit Real Estate says

 

The Africa Report: Read More

CONSTRUCTION NEWS: AfCFTA will boost Kenya cement demand – Bamburi CEO

 

Africa Report: Read More

REPORT: The West Africa Real Estate Market

 

Northcourt: Read More

KENYA NEWS: Property developer Acorn gets REIT manager licence

 

Business Daily Africa: Read More

REPORT: Africa Retail Report

 

Knight Frank: Read More

RESEARCH: Emerging Opportunities in Industrial, Healthcare & Young Professional Housing

 

Estate Intel: Read More

PROPTECH OPINION: Covid-19 accelerates adoption of technology by the African property sector: Genevieve Naidoo, Nedbank CIB

 

Mail & Guardian: Read More

RESIDENTIAL: Centum RE breaks ground on Sh2bn ($18m) housing development

 

The Star: Read More

FINANCE: Stanbic Bank Commits To Support Kenya’s Dream Of Affordable Housing

 

Soko Directory: Read More

AFFORDABLE HOUSING: We need a radical rethink on housing and urban development

 

Daily Maverick: Read More

RETAIL NEWS: Mr Price launches store in a container – aimed at township shoppers

 

Business Insider: Read More

PROPTCH NEWS: Nigeria’s Seso expands into SA, Ghana as it bids to ease property management in Africa

 

Disrupt Africa: Read More

INVESTMENT NEWS: Jeff Bezos just became the latest big tech name to invest in an African fintech startup

 

Quartz Africa: Read More

NOVEMBER 2020 NEWS

DEVELOPER NEWS: Centum real estate unit gears up for Sh4bn ($36m) housing bond

 

Business Daily Africa: Read More

MARKETS NEWS: Old Mutual wants to create a pan African affordable housing fund

 

The Africa Report: Read More

NIGERIA REPORT: Cause & Effects, Impact of recent vandalisations on Property investment & development

 

Northcourt Real Estate: Read More

RESEARCH: The 2020 Housing Finance in Africa Yearbook – 11th edition

 

Centre for Affordable Housing Finance (CAHF): Read More

DEVELOPER NEWS: Teraco’s new development will be the largest data centre built to date in Africa

 

Teraco: Read More

FINANCING NEWS: AfDB to guarantee Kenya’s mortgage refinancer bond

 

Business Daily Africa: Read More

HOSPITALITY NEWS: South Africa’s Flyt Property Investment launches new hospitality group, WINK Aparthotels

 

HospitalityNet: Read More

MOZAMBIQUE NEWS: Grit sells 17.35 per cent interest in Acacia Estate in Mozambique

 

Property Funds World: Read More

RESEARCH: The effects of the Covid-19 pandemic on construction costs in East Africa

 

Turner & Townsend: Read More

DEVELOPER NEWS: Mauritius Developer Secures U.S Embassy Lease In New Housing Deal

 

Estate Cloud: Read More

LOGISTICS NEWS: Africa Logistics Properties launches $6m warehouse facility in Kenya for SMEs

 

Logistics Update Africa: Read More

RESEARCH: Index shows improved resilience in Africa’s financial markets

 

Engineering News: Read More

DEVELOPER NEWS: Konza revving up as investors jostle for piece of smart city

 

Business Daily Africa: Read More

STUDENT HOUSING NEWS: European fund snaps up Sh1bn ($9m) Acorn hostels stake

 

Business Daily Africa: Read More

OCTOBER 2020 NEWS

AFFORDABLE HOUSING NEWS: Shelter Afrique inks deal with two Chinese firms for affordable housing projects in Africa

 

Xinhuanet: Read More

RETAIL NEWS: Edcon saves 5,000 job as it wraps up sale of parts of Edgars

 

NEWS24: Read More

OPINION: The quest for secure property rights in Africa

 

The Economist: Read More

DEVELOPER NEWS: From real estate to Lifestyle

 

Thisdaylive: Read More

NEWS: Why major Real estate development projects have collapsed in Tanzania

 

The Citizen: Read More

NEWS: Centum Sells SH12 BN in Assets to reduce real estate risk

 

Business Daily Africa: Read More

OPINION: OpportunIties for Frontier Investors in the coming years

 

Somaya Joshua, Head: Commercial Property Finance (Africa Regional Operations), Absa Group: Read More

NEWS: Urbanisation will be Africa’s new economic frontier

 

China Daily.Com: Read More

OPINION: Smart City development post Covid-19: Inspiration for Africa

 

Simon Ardonceau, JLL: Read More

NEWS: Can COVID-19 inspire a new way of planning African cities?

 

THE CONVERSATION: Read More

REPORT: Global Development: How Covid-19 is accelerating design trends and impacting housing delivery

 

Knight Frank: Read More

MOZAMBIQUE NEWS: What is the role of the UAE in Mozambique

 

AllAfrica.com: Read More

AUGUST 2020 NEWS

RETAIL ANALYSIS: Shoprite controls 22% of Nigeria’s formal retail, their future in Nigeria will be driven by indigenous retailers

 

Estate Intel: Read More

NEWS: Grit to delist from the JSE

 

Business Daily Africa: Read More

OFFICE SECTOR: Lagos Office Market Report

 

Trollope: Download Now

BLOG: Housing as the engine of revival in post Covid-19 Africa

 

Andrew Chimpondah, MD Shelter Afrique: Read More

REPORT: The imperative for transparent, sustainable and resilient real estate

 

JLL: Read More

#EAPIvirtual NEWS: Covid-19 provides an opportunity for East Africa’s property sector to reset

 

The Star: Read More

REPORT: Angola property market report

 

ABACUS | JLL: Download Now

#EAPIVirtual NEWS: Falling rent, low occupancy hit property developers income

 

Business Daily Africa: Read More

HOTEL NEWS: Radisson Hotel Group adds 6 new properties in Africa

 

Hotel Business News: Read More

REPORT: State of Student Housing in South Africa

 

DigsConnect: Download Now

NEWS: CDC UK, Finnfund make $70M commitment

 

Reuters: Read More

GREEN DEVELOPMENT NEWS: Delta Centre – World Bank Group Office Nairobi gets EDGE certification

 

IFC EDGE: Read More

EDUCATION NEWS: Actis backed Education Group acquires Nigerian University

 

Estate Intel: Read More

HOUSING NEWS: Vantage Capital Provides $4.9M funding for Affordable Housing Developer

 

Africa News in English: Read More

JULY 2020 NEWS

OPINION: African Logistics & Warehousing to pull through pandemic storm

 

ProficaRead More

NEWS: Grit to delist from the JSE

 

Property Wheel: Read More

RETAIL NEWS: Mr Price pulls plug on Nigeria

 

Moneyweb: Read More

PROPTECH OPINION: The Adoption of Proptech in African Real Estate

 

Nedbank CIB: Read More

HOTELS OPINION: No Price Wars in Tourism Sector, No Buffets either

 

Capital Hotels’: Marc Wachsberger: Read More

FINANCE NEWS: Why RMB Holdings is down 90%

 

Moneyweb: Read More

DEVELOPER NEWS: Centum RE to build 3,000 homes

 

The Standard: Read More

HOTEL NEWS: Covid-19 threatens to ruin hoteliers record year

 

W-Hospitality Group’s Trevor J Ward: Read More

RETAIL NEWS: Foschini (TFG) to exit Kenya

 

Reuters: Read More

OPINION: African Logistics & Warehousing to pull through pandemic storm

 

ProficaDownload Now

JUNE 2020 NEWS

REPORT: Covid-19: Assessing the impact on the real estate sector

 

CBRE ExcellerateDownload Now

OPINION: Hotels: A way of survival during Covid-19

 

HTI Consulting: Read More

REPORT: Healthcare in Africa

 

Knight Frank: Download now

NEWS: SA’s PIC acquires 13% stake in Morocco’s Aradei Capital

 

IPE Real Assets: Read More

OPINION: Death of the office

 

Economist: Download Now

REPORT: The effect of the “Road to Dollarisation” on Zimbabwe Real Estate

 

K. Chicota: Download now

REPORT: Re-entry: A guide to working in the new normal

 

JLLRead More

REPORT: Economic impact of the COVID-19 pandemic on East African economies

 

Deloitte: Download Now

NEWS: The Dawn of New Age logistics African Logistics Properties

 

ALP: Read More

NEWS: Actis sells GHL Bank

 

African Law & Business: Read More

OPINION: Banks are using EDGE for green loans for green buildings

 

Rusmir Music
Global Business Development Lead: Edge Green Buildings Programme:
Read More

NEWS: Elevating Affordable Housing Investments In Emerging Markets With Green Building

 

Business Ghana: Download now

MAY 2020 NEWS

REPORT:  Are green shoots emerging in mainland China?

 

JLLRead More

REPORT: Nigeria: Real Estate & Covid in 19 Slides

 

Estate intel: Download Now

REPORT: Mozambique – Real Estate post Covid-19, what to expect

 

Real Estate Consulting (REC): Download now

REPORT: Covid-19 Data Hub, Vol 2.3, April 2020

 

Broll Property Group: Download now

REPORT: Mapping the East African Proptech Ecosystem

 

Urban Real Estate Research Unit (URERU) & PROPTECH AFRICA: Download Now

REPORT: The Africa Report

 

Knight Frank: Read more

BLOG: Covid-19 reveals strengths & weaknesses in East Africa’s property market: Read more

 

BY: Gerhard Zeelie, Head Property Finance Africa, Nedbank CIB

BLOG: State of Disaster: What Covid-19 is teaching us about housing in Africa: Read more

 

Kecia Rust | Executive Director & Founder, Centre for Affordable Housing Finance in Africa (CAHF).

NEWS: Actis’ Cameroon mall nears completion: Read more

 

Construction Review Online 

BLOG: Impact of Proptech on African Real Estate: Read more

 

Kfir Rusin, Managing Director, API EVENTS