Africa – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Africa

May 15, 2017
April 2017. Earthworks begin at ALP North, Kenya. Image Source: ALP

Africa Logistics Properties Secures $4m in additional funding from Dutch Family Office

Shortly after receiving capital commitments totalling $35m from the IFC and CDC in March, Africa Logistics Properties (ALP) has secured an additional $4m from DOB Equity, a leading Dutch family office to enable them build warehousing developments and expand operations across East Africa. […]
April 27, 2017
Development: Kumasi City Mall, Kumasi - Ghana. Image Source: citifmonline.com

Updated – Development: Kumasi City Mall, Kumasi – Ghana

Name: Kumasi City Mall; Address: Lake Road, Asokwa region, Kumasi – Ghana; Developer: Attebury, Hyprop Investments, Delico Property Development; Use: Retail; Size: 18,500m²; Anchors: Shoprite and Game; Main Contractor: WHBO; Expected Completion: April 2017; Published: September 2016. Updated: April 2017. Kumasi Mall is an 18,500m² shopping mall […]
April 25, 2017
Pizza Hut Plans Entry into Ethiopia as part of Sub-Saharan Africa Expansion Strategy

Pizza Hut Plans Entry into Ethiopia as part of Sub-Saharan Africa Expansion Strategy

Ethiopia’s Belayab Foods and Franchise PLC has signed a deal with U.S. fast-food titan, Yum Brands Inc., to open 10 Pizza Hut restaurants in Ethiopia as part of its expansion strategy on the continent. “We will start off with three […]
April 23, 2017
#EAPI2017. The 2017 East African Property Investment Summit at Radisson Blu, Upper Hill, Nairobi - Kenya.

#EAPI2017: These are Rwanda and Kenya’s Plans to jumpstart East African REITs

Following our publication on the East African Listed property sector in the run up to the East African Property Investment Summit, we sat in on an engaging discussion with key stakeholders in the East African REIT sector. The panel was […]
April 13, 2017
Atlantic House, Victoria Island, Lagos - Nigeria.

Sanlam Africa Core Real Estate Investments reports FY Pre-tax Profit of $3.7m

For the year ended December 2016, Sanlam Africa Core Real Estate Investments Ltd (SACREIL) reported a profit before tax of $3.8m, a significant improvement from the loss of $2.2m reported in the previous reporting period. SACREIL is listed on the Stock Exchange […]
April 11, 2017

#EAPI2017 Roundup: Unpacking the East African Hotel Market

The East Africa Property Investment Summit was held on the 5th and 6th of April, 2017, at the Radisson Blu Upper Hill, Nairobi.  The hotel-focused panel at the conference featured some key speakers from the hotel industry on the continent, namely: […]
April 8, 2017
The Union by MAREF, West Ridge, Accra - Ghana. Image source: estateintel.com

Momentum Africa Real Estate Fund reaches final close at $170 million

The Momentum Africa Real Estate Fund “MAREF” held its final close at the end of February 2017, raising a total of $170m, up $20m from the $150m the fund had raised by August 2016. A total of eighteen investors committed to the […]
March 28, 2017

Listed Real Estate in Eastern Africa and Beyond – What Next?

East African property markets have demonstrated desirable levels of resilience over the past few years. As African economies including Angola, Nigeria, Zambia and Ghana have reeled from commodity price induced recessions, better diversified countries in the East African region including Kenya […]