Africa property and real estate news

Kenya gets its first multi billion dollar real estate development as property prices soar

Fri, 29 Oct 2010 09:30:00 +0100

A Russian developer has launched a multi billion dollar property development on the northern outskirts of Kenya’s capital Nairobi to cash in on a booming real estate market in east Africa’s biggest economy.

Developer plans more one bedroom apartments for luxury Cape Verde resort

Thu, 23 Sep 2010 08:39:35 +0100

Strong investor demand for one bedroom apartments in a luxury resort in Cape Verde has prompted the developer to revise plans and build more.

Growing confidence in South Africa�s Cape region real estate market, according to experts

Mon, 20 Sep 2010 08:18:41 +0100

Confidence in the real estate market in the Cape region in South Africa is growing and has been helped by the recent football World Cup which focussed interest on the area, it is claimed.

High property occupancy rates in Cape Verde could realise strong annual capital growth

Thu, 29 Jul 2010 11:23:00 +0100

A new five star resort in Cape Verde is confident that investors can realise annual capital growth of 9% and rental yields of 13% after independent analysis indicates that the archipelago has extremely high occupancy rates.

Commercial real estate sales in Europe, Middle East and North Africa set to rise by 30% this year

Mon, 19 Apr 2010 11:22:24 +0100

Direct commercial real estate transaction volumes are predicted to increase by 30% in 2010 in Europe, the Middle East and North Africa, according to a new report.