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Building Obsession: The Leonardo, Sandton South Africa

Talking about living in the sky, the Leonardo, which began construction on November 17, 2015, is a 55-floor mixed-use building standing at 234m(767ft) high, featuring luxury residential apartments, offices, shopping stores, restaurants, and lifestyle recreation areas. The architectural masterpiece located at Maude St, Sandown, Sandton South Africa, currently ranks as the tallest building in Africa, […]

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Shopping Centers Affected in Nigeria by Xenophobic Related Attacks

Updated: Thursday, September 5th 2019. Maryland Mall was not closed, the activity column has been updated. Status of Palms Ibadan and Palms Ilorin has been reviewed to unconfirmed. As a response to Xenophobic attacks on Nigerians in South Africa, disgruntled Nigerians took to the streets to protest against, loot and vandalise retail businesses, some of […]

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UACN Property Development Company (UPDC) announces major restructuring plan

UAC of Nigeria PLC and UACN Property Development Company (UPDC) today announced their plans to recapitalize and restructure UPDC. According to the release, the Company has struggled with high levels of debt, which combined with declining revenues and profitability have resulted in cash flow challenges to meet its obligations. A new board was  appointed  in […]

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Santa Clara Medical: AXA Mansard, IFC and ACA’s Hospital Project Halted

AXA Mansard’s plans to sponsor the development of a 150-bed acute care hospital have been placed on hold according to information provided in their 2018 financials, citing unforeseen circumstances as the reason for the halt in plans. Santa Clara Medical Limited, the Special Purpose Vehicle (SPV) created to fund the project was promoted by AXA […]

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Sun International edges closer to sale of Federal Palace Hotel in Lagos

Three years after they announced plans to sell their stake in Federal Palace, Sun International has confirmed that they will be appointing advisors to commence a formal disposal process shortly. This recent development follows a series of unsolicited offers from third parties who have expressed interest in the asset. Sun International’s interest in Federal Palace […]

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Building Obsession: MichelAngelo Towers, Sandton – South Africa

Located in the heart of Sandton, South Africa, our building obsession for this week is the Michelangelo Towers. The 34-floor building stands high as one of the tallest buildings in South Africa at an approximate height of 145m.    This mixed-use development sits on a footprint of  57,924m² and consists of office, retail and residential […]

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Development: The Pullman Hotel, Accra, Ghana

Name: The Pullman Hotel; Developers: Ghana Infrastructure Investment Fund and Inter Afrique holdings; Operators: Accor Hotels and Platinum Properties Limited; Architect: Paragon Group; Engineers: Arup Engineering; Use: Hospitality; Location: Airport City, Accra; Number of Keys: 363; Commencement Date: Q4:2018; Expected Completion: H1:2021. Ghana Infrastructure Investment Fund and Inter-Afrique holdings, a Ghanian based investment firm, are currently […]

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Ongoing Projects Service

Estate Intel’s Ongoing Projects service his is essentially a comprehensive list of active developments across the continent with the contact details of members the project team, to help you effectively make more sales. We have worked with top consultants in the real estate industry such as Percelonosa, Geberit and ITB construction to name a few. […]

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Development: Casino Heights, Yaba – Lagos

Name: Casino Heights Location: 206 Herbert Macaulay Way, Yaba, Lagos; No. of Floors:  10 Floors; Use: Residential; Developers: GTL Properties Limited (a subsidiary of Greenwich Trust Limited) in a joint venture with  Wemabod Estates Limited; Architects: Delano Architects; Main Contractor: Horatio Limited; Structural Engineers: Pinconsult Associates; Electrical Engineers: Kenol Nigeria Limited; M.E.P Subcontractor: Matcom Limited; […]

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Building Obsession – Dyeji Building, Luanda – Angola

This week, we are obsessing over the Dyeji Building, designed by renowned Architecture studio: Costa Lopes.  The Dyeji building is an 8-storey mixed-use building which is part of the Bay of Luanda Parcel 3 development scheme. It is located in the most narrow area of Cape Island, a sandspit – off the shore of Luanda. […]

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