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Building Obsession: One Airport Square, Airport City, Accra – Ghana

The One Airport Square is an excellent example of architecture and engineering integration because of its sustainable features. It is located in the commercial Airport City of Accra, Ghana and is the first building in Ghana to have been awarded 4-stars (Design stage) by the Green Building Council of South Africa (GBCSA). It was developed […]

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Development: Admiralty Mall, Admiralty Road, Lekki Phase 1, Lagos

Name: Admiralty Mall; Developer:  Dreamspaces Development; Use: Retail; Location: Admiralty Road – Lekki Phase 1; Main Contractor: Dutum Company Limited; Architects: Beyond Arete; Project Manager: Studio Stoone; Structural Engineers: Pinconsult Associates Limited; MEP Consultants: Alliance Engineering Consultants;  Land Area: Approximately 1,200sqm; GLA: 1,323sqm; Expected Completion: Q1:2020. Admiralty Mall is a 33-unit retail development located in […]

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Private Equity Firm, Investec Asset Management acquires Egyptian Supermarket Chain, Spinneys

South African private equity firm, Investec Asset Management on Monday, July 15th, acquired Egyptian supermarket chain Spinneys, a fast rowing supermarket chain in Egypt from defunct private equity firm, Abraaj Group whose management rights has also been undertaken by private equity, Actis. Spinneys Egypt is one of the leading grocery retail players in Egypt, having […]

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Take a look at Africa’s Industrial Players, with AfCFTA signed, more are coming

The African Continental Free Trade Agreement (AfCFTA) is looking to transform Africa’s defragmented markets by bringing a host of opportunities to facilitate inter-regional trade and deepen economic integration for participating countries. The extensive impact of the AfCFTA is expected to cut through the African commercial property market, especially within the Industrial and Logistics segment, which […]

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Development: No. 47 Glover, Glover Road, Ikoyi – Lagos

Name: 47 Glover; Address: 47, Glover Road, Ikoyi, Lagos, Nigeria; Floors: 7 lettable floors; Gross Build Area: 8,627m2; Gross Lettable Area: 4,739m2; Use: Commercial – Office; Developers: Danraz Nigeria Limited; Architects: Bravura Architects; Commencement Date: Q2:2017; Completion: Q3:2019; Parking Bays: 87; Project Managers: Profica Project Managers; Project Managers: Profica; Design & Build Contractor: Elalan Construction […]

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Building Obsession : Basilique Notre Dame Dela Paix, Yamoussoukro, Côte d’Ivoire

Magnificent and beautiful, Basilique Notre Dame Dela Paix (the Basilica of Our Lady of Peace) is our Building Obsession for this week. Located in Yamoussoukro, the capital of Côte d’Ivoire (Ivory Coast), it is also the birthplace of the first Ivorian president Felix Houphouet Boigny under whose administration it was built. The Basilica was given […]

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Development: Pacific Towers, Ozumba Mbadiwe Avenue, Victoria Island – Lagos

The groundbreaking ceremony for the Pacific Towers on Ozumba Mbadiwe, Victoria Island, Lagos was held on Friday the 5th of July 2019. The project is being sponsored by Global Property Partners, a subsidiary of the Cavalli Business Group. Its sister company, Deluxe Residences is responsible for over 5 residential properties located in Oniru, Ikoyi, Victoria […]

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Development: Douala Grand Mall, Bonapriso, Douala – Cameroon

Construction activity on the Douala Grand Mall site has picked up in recent months, with the project team working through Cameroon’s rainy season. The project was announced back in August of 2017, along with another mixed-use development named the Renaissance Place in Abidjan. Both are Actis’ first Real Estate investments in Ivory Coast and Cameroon […]

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Updated – Development: John K. (JK) Randle Centre for Yoruba Culture and History, Onikan – Lagos

As part of plans to transform Marina and the Onikan region into a hub for tourism and recreational activity, Lagos State will be remodelling the John K (JK) Randle Arcade into a recreation/tourism centre dubbed the JK Randle Centre for Yoruba Culture and History. After being demolished in Q3:2016, the Lagos State Government announced the […]

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LandWey and PiggyVest announce Partnership

Real estate company LandWey Investment Limited on Friday announced a partnership with online savings and investments platform, PiggyVest. According to Olawale Ayilara, the CEO of LandWey,  the partnership will facilitate ease of accessibility to land ownership for middle and low-income earners through PiggyVest. PiggyVest who raised a $1.1M Seed Fundraise in May 2018, has diversified […]

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