Cognition Holdings has announced that it is selling its 50.01% stake in Private Property for R150 million. The shares will be sold to BetterHome, ooba, and Fledge Capital in a single indivisible …
Real Estate
- BusinessReal EstateSouthern Africa
- BuildingKenyaReal Estate
Competition Authority of Kenya Approves Maanzoni Lodge’s acquisition of 680 hotel
The Competition Authority of Kenya (CAK) has approved the acquisition of Mayhouse Limited, the company that owns 680 hotel, by Maanzoni Lodge Limited. The acquisition comes at a time the …
- AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaReal Estate
Egypt’s mortgage finance volume hits EGP 7.3B in H1
The volume of mortgage finance provided by companies in Egypt amounted to around EGP 7.27 billion in the first half (H1) of 2022, this was disclosed in the Financial Regulatory …
- NigeriaReal EstateWestern Africa
LandGate Investments Limited Launches its First Project; The PathFinder Estate in Adumati
LandGate Investments Limited, a Nigerian real estate company has officially launched into the real estate market, solidifying its place in the sector. The company also launched its first project called …
- AfricaBusinessGlobal NewsNewsReal EstateSouth AfricaSouthern AfricaTechnology
Digital Realty acquires South Africa’s Teraco
Digital Realty, a global real estate investment trust focused on cloud- and carrier-neutral data centres, colocation and interconnection solutions has completed acquisition of South Africa’s Teraco. In a similar field, …
Property developer Mi Vida has completed the first phase of its apartments at Garden City, which are part of its Sh12 billion investment roll-out in Nairobi. The completion paves way for …
Shelter Afrique, a Pan African housing development financier has posted an operating profit of $1.04 million up from an operating loss of $ 0.58 million the Company recorded in 2020, …
Home prices in Nairobi have increased at the fastest pace in 11 years on the back of renewed demand from buyers who had slowed down acquisitions at the peak of …
- AfricaBusinessPress OfficeProduct ReviewReal EstateWestern Africa
Why Real Estate continues to be a worthy investment
In today’s world, there are countless businesses to invest in but only a few of these businesses have proven to be worthy investments. Before investing in a business it is …
Centum real estate reported a Sh650million consolidated operating profit for the year ended March 31, driven by profits from homes sales and development rights business line. Home sales achieved significant …