Since the highs last experienced just before the 2010 Soccer World Cup, the construction sector in South Africa and on the continent has yet to see an industry boom.
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Planning is very important strategy in evry aspect of life. With planning, one can graduate his expenses to match available sources of income. For those who do not want to spend much money during building construction quality materials are important. Building construction takes different processes but monitoring and supervision will maximise the efforts put in the construction.
The 6th Edition of The Real Estate Development Summit – Sub – Saharan is all set to take place at the Sandton Convention Centre in Johannesburg, South Africa on the 25th & 26th July.
Blackstone’s real estate business raced past the €200bn asset mark for the first time in 2018 in a surge that helped the New York-listed group keep its crown as the world’s largest property landlord for a third year.
The last 10 years have seen an exponential increase in the number of residential and commercial properties available for sale and renting in Nairobi. Among such properties is Garden City, Kenya’s first mixed-use real estate project offering shops and family entertainment, including Kenya’s largest iMax Cinema, residences (both apartments and family townhouses), a range of amenities and commercial offices within one development.
Only 19 per cent of families in urban centres across Kenya live in their own houses, with the capital Nairobi having the smallest share of homeowners at nine per cent of the city population. Not that town dwellers love renting; the high cost of homeownership has simply locked most of the population out.
South African retailer Massmart on Thursday warned of lower headline earnings per share for the first half of the year and said that Walmart executive Mitchell Slape would become its new CEO.
The government of Ghana has commenced construction of 250,000 affordable housing units across the country as part of measures to wipe out the two-million housing unit deficit facing the country. Minister of Works and Housing, Mr Samuel Atta Akyea confirmed the reports and said that the ongoing project formed part of an eight-year government affordable housing project to deliver 250,000 housing units a year to address the housing deficit.
There seems to be a big boost for the investment climate under the CDC-led Government as the construction of the multimillion five stars Hilton International Hotel commences soon after the kick-off meeting with stakeholders from Hilton, Moneo Architects and the construction engineers from Zakhem International Construction Company are being held in Nairobi, Kenya.
Wrong housing policies have been stalling the nation’s development, the Nigerian Institution of Estate Surveyors and Valuers (NIESV) President, Rowland Abonta, has said. Abonta, who spoke at the inaugural meeting of the 2019/2020 National Council of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) in Abuja, said housing should be incorporated into the development policy of the nation.