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Cosmos Yopougon becomes IFC EDGE certified

Cosmos Yopougon, a shopping mall in Côte d’Ivoire which opened in October 2018 has been conferred with the International Finance Corporation’s Excellence in Design for Greater Efficiencies (IFC EDGE) certification for Green Buildings. It received the certification in June 2020. According to the developers, the building meets international standards for resource efficiency by incorporating energy […]

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Actis, Westmont Hospitality Group Acquire Sheraton Casablanca Hotel

Global emerging markets and private equity company Actis, and Westmont Hospitality Group have announced the acquisition of the 309 key Sheraton Casablanca Hotel in Casablanca, Morocco. The hotel was acquired for a total consideration of $50 million from a Moroccan Government Entity. This implies a valuation of c. $161,812 per key, much less than the […]

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Development: NDIC Lekki Training Office Building, Lekki Phase 1 – Lagos

Project Name: Nigeria Deposit Insurance Corporation (NDIC) Lekki Training Office Building; Developer: Nigeria Deposit Insurance Corporation (NDIC); Use: Mixed-use; Location: C & I Leasing Drive, off Bisola Durosinmi Etti Drive, Lekki Phase 1, Lagos; Main Contractor: AG Ferrero and Co Limited; Structural Engineer: Ad -Team Limited; MEP Engineer: Integrated Engineering Associates; Architect: Liege Consultants; Land […]

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Development: The Oceanna, Water Corporation Drive, Oniru-Lagos.

Name: The Oceanna Towers; Location: Water Corporation Drive, Oniru; No of Towers: 4; Use: Mixed Use ( Hospitality, Office, and Residential); Developers: Grenadines Homes; Architects: Ecad Architects; Design Architects: HOK Architects (London); Contractor: Cappa and D’Alberto Plc; Structural Engineers: Morgan Omonitan & Abe Ltd; Mechanical and Electrical Engineers: CA Consultants Ltd; M.E.P Subcontractor: Lambert Electronic; […]

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Development: Escada, Lantana Road, Ring Road Westlands, Nairobi – Kenya

Name: Escada; Location: Lantana Road, Ring Road Westlands, Nairobi, Kenya; Floor: 14 floors; Use: Residential; Developer: Canaan Developers; Structural Engineer: Metrix Integrated Consultancy; Architect: Bowman Associates Architects; Service Engineers: Mechanical – (Rex consultants); Electrical Engineers: Majesty Power Technologies; Quantity Surveyor: Shaban Shamir; Legal Advisory: MMA Advocates; Development Consultants: HassConsult Limited; Expected Date of commencement: October […]

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Development: Riverside Square, Nairobi, Kenya.

Name: Riverside Square; Location: Riverside Drive, Nairobi, Kenya; Use: Mixed Use; Floors: 11; Architects: Bowman Associates; Main Contractor: Rokoh (Kenya) Construction, part of Roko Construction; Structural Engineers: Ngasi Consulting Engineers; M.E.P Contractor: LDK Consulting; Quantity Surveyors: Mace YMR; Gross Lettable Space (Retail): 18,000 sq ft (c.1,672sqm); Gross Lettable Space (Office): 115,000 sq ft (c.10,684sqm); Expected Completion: […]

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Growthpoint Investec African Properties acquires RMB Westport

Growthpoint Investec African Properties (GIAP), initially established as a joint venture between Growthpoint Properties and Investec Asset Management, announced on Dec. 12th that it has successfully concluded the acquisition of 100% of RMB Westport Real Estate Development Fund Limited (RMB Westport), the entity which houses the assets developed and owned by RMB Westport’s inaugural property […]

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Key takeaways from WAPI summit, 2019

The 5th edition of the West African Property Investment Summit (WAPI Summit) themed ‘Uncovering the next real estate investment cycle’ held at Eko Hotel & Suites, Lagos, Nigeria on the 26th – 27th of November, 2019. It had 450 delegates and 90+ speakers offering insights into challenges, suggesting solutions to drive more investments in the […]

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Development: The Lennox, Patrice Lumumba Road, Accra – Ghana

Name: The Lennox; Developer: Clifton Homes; Use: Residential; Location: Patrice Lumumba Road, Accra Ghana; Main Contractor: Clifton Homes; Architect: Arch Xenus; Project Commencement: Q4: 2019; Estimated Completion Date: Q4: 2021. The Lennox is an upscale urban development located in Accra, Ghana along the  Patrice Lumumba road, a major environ within the airport residential area, and […]

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Building Obsession – 11 Diagonal Street, Johannesburg CBD

11 Diagonal street is popularly known as one of the most idiosyncratic buildings in Johannesburg CBD. Constructed in 1983, it is a 22-storey high rise building with 2 floors below the ground in Diagonal Street, Johannesburg Central Business District. It stands 80metres tall and occupies a floor area of approximately 20,000m². 11 Diagonal Street was […]

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