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Mauritius group to buy Orbit factory for Sh4bn

Mauritius-based Grit Real Estate Income Group is acquiring manufacturing facilities from consumer goods manufacturer Orbit Products Africa in a cash transaction valued at more than Sh4 billion.

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Affordable housing secret is out

The traditional housing market is struggling for growth, but a first insight into affordable housing reveals a vibrant market segment. South Africa’s first affordable house market index, released yesterday, shows that properties in the “gap market” (priced between R250 000 and R500 000) have been more resilient and generated the most activity in the third quarter compared […]

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‘Cheaper’ homes in South Africa are hot right now – in some cases even selling for above the asking price

South African residential properties priced between R250,000 and R500,000 are experiencing a strong third quarter, with some properties sold at 5% above asking price, a new report from FNB revealed.

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Architecture Student Winners Advocate for EDGE Green Building Certification

THREE talented architecture students from the Central University in Accra have urged stakeholders in the building industry to adopt EDGE (“Excellence in Design for Greater Efficiencies) to design and certify more sustainable buildings.

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Impact investment can shift our affordable housing crisis

Rapid urbanisation has created a high demand for affordable housing in cities around the world. According to a recent report by the World Economic Forum, 90% of the 200 cities included in a survey were considered unaffordable.

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Firm woos Kenyans to put money in Greece real estate

Property consulting and engineering services firm Avakon Kenya has stepped up its efforts to have Kenyans invest in Greece’s real estate through the European nation’s residence-by-investment programme.

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Family Homes, Shelter Afrique Sign MoU To Improve Affordable Housing in Nigeria

Family Homes Funds, Nigeria’s largest Social Housing Fund has signed a Memorandum of Understanding (MoU) with Africa’s premier Housing Finance Institution, Shelter Afrique towards building more affordable homes in Nigeria.

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This Part Of The World Bank’s Doing Business Report Shows Nigeria Worse Off Than Most

While Nigeria appears to have made a giant leap forward with respect to the World Bank’s latest Doing Business Index, there is one other aspect where the country appears to be failing miserably.

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‘More foreign investors attracted to Nigeria’s property market’

The Managing Director of API Events, Kfir Rusin, says Nigeria’s property market has become attractive to regional and international real estate investors as the country diversifies its economy.

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Lagos State Govt. vows to tackle unauthorised real estate practitioners

The Lagos State Government says it will tackle the menace of unauthorised real estate practitioners across the state. The Special Adviser (SA) to the Governor on Housing, Mrs. Toke Benson-Awoyinka, said this in a statement in Lagos on Monday.

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