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Home arrow News arrow Africa
Africa Property News

House prices growth in South Africa set to remain in single digits this year

Friday, 11 July 2014
House prices in South Africa have generally seen some growth in the first quarter of 2014 but in the popular middle sector of the market it is nominal, according to the latest real estate report from Absa bank.
Read more...
 

Hotel beach resort property investment in Cape Verde taking off

Tuesday, 24 June 2014
Cape Verde has been named one of the top 10 countries in the world for long term tourism growth which is set to have an impact on the archipelago’s real estate investment market.
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Residential price growth in South Africa expected to slow in 2014

Monday, 10 February 2014
A gradual slowdown in house prices is expected in South Africa in 2014 after rises of 10% in 2012 and 2013, according to a new analysis report.
Read more...
 

Prime South African locations becoming popular with overseas buyers, it is suggested

Monday, 23 September 2013
There are signs that some property locations in South Africa, long regarded as a secret by locals, are set to become more popular with overseas buyers.
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Wealthy real estate investors attracted to luxury property in Morocco

Wednesday, 19 June 2013
The second home industry in Morocco is expanding and attracting domestic buyers as well as wealthy property investors from around the globe, according to a new report.
Read more...
 

Mauritius set for a real estate construction boom that centres on quality

Monday, 08 April 2013

A new property development on Mauritius aims to attract both residents and overseas purchasers at a time when demand for high quality homes on the island from both types of buyers is rising.
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Economic progress in Africa increases demand for good quality projects in major cities

Tuesday, 12 February 2013

Demand for high quality residential and commercial property continues to grow across Africa on the back of the continent’s sustained strong economic growth and rising wealth.
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Experts believe Egypt’s property markets have a positive outlook

Thursday, 23 February 2012

Cairo’s commercial real estate market is showing growth, with major companies looking for up to 15,000 square metres of office space, according to the latest report from consultants Jones Lang LaSalle.

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Positive economic outlook set to boost tourism and real estate on Cape Verde

Friday, 17 February 2012

The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, according to the International Monetary Fund which experts believe will foster growth in the real estate sector.
Read more...
 

Sudan project first phase completed

Thursday, 08 December 2011

The first phase of a $400 million multi use development project in the heart of downtown Khartoum, Sudan, has been completed.

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Emerging markets in Africa driving forward office market demand, report shows

Thursday, 29 September 2011

Occupier demand in Middle East and Africa region office market is expected to grow despite recent turmoil in the area with Angloa and Nigeria leading the way.

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New low level IRS investment property project for Mauritius

Wednesday, 10 August 2011

A new project available to buy under the Integrated Resort Scheme (IRS) in Mauritius that allows property investors to acquire Mauritian residency and the fiscal benefits that brings has been launched.

Read more...
 

Property prices start falling in real terms in Kenya, index shows

Friday, 15 July 2011

Residential property prices in Kenya slowed in real terms in the second quarter of 2011 when rising inflation hit buyers' hard, according to the latest HassConsult real estate index.

Read more...
 

Committee set up to deal with Egyptian property disputes

Thursday, 26 May 2011

Egypt is to set up a committee to settle problems surrounding a string of legal challenges to sales of state land to real estate developers that have shaken confidence in the country property sector.

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Cape Town market proving popular with foreign property buyers, report suggests

Thursday, 12 May 2011

The residential real estate market in Cape Town, South Africa, is currently a classic buyers’ market in with properties taking 19 weeks on average to sell and then with only 15 % of vendors achieving their asking price, a new report reveals.

Read more...
 

Joining BRIC set to boost South African property market

Monday, 03 January 2011

Confidence is returning to the South African real estate market and the country’s inclusion this year in the BRIC group of major emerging markets is set to boost foreign investment.

Read more...
 

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

Friday, 29 October 2010

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.

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Developer plans more one bedroom apartments for luxury Cape Verde resort

Thursday, 23 September 2010
Strong investor demand for one bedroom apartments in a luxury resort in Cape Verde has prompted the developer to revise plans and build more.
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Growing confidence in South Africa’s Cape region real estate market, according to experts

Monday, 20 September 2010

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

Thursday, 29 July 2010

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.
Read more...
 

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

Monday, 19 April 2010

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.

Read more...
 

Confidence returning to Cape Verde real estate market with interest from local and foreign buyers

Thursday, 01 April 2010

Buyer confidence is returning to the real estate market in Cape Verde indicating that it is coming out of the general property downturn that has hit even popular emerging markets, it is claimed.

Read more...
 

Real estate rent bubble in Nairobi threatens US style property crash, it is claimed

Monday, 01 March 2010

Real estate investors who bought property in fashionable suburbs of Nairobi to rent out are facing trouble as a price bubble hit the market, it is claimed.

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Egyptian developers turn to middle priced projects in the short term, report indicates

Tuesday, 23 February 2010

The current shortfall in mid-priced residential real estate in Egypt will continue until 2012 and could push prices higher, it is claimed.

Read more...
 

South Africa not doing enough to help the country’s real estate market, industry claims

Friday, 19 February 2010

The South African government should make large tracts of state owned land available to developers free of charge to speed up the recovery of the country’s real estate market, it is claimed.

Read more...
 

Egypt govt confirms new property tax will go ahead but gradually

Friday, 22 January 2010

The new property tax law in Egypt is likely to be introduced gradually, the country’s president has confirmed.

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Somali pirates behind real estate boom in Kenya, it is claimed

Monday, 04 January 2010

A government investigation has been launched into soaring property prices in Kenya amid claims that Somali pirates are behind the unusual real estate boom which has seen prices increase three fold in the last few years.

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Cairo real estate market poised for significant growth in 2010, according to new report

Wednesday, 16 December 2009
Buoyed by a growing local economy and its strategic location as a gateway to Africa and Middle East market, Cairo is becoming a pre-eminent real estate market and set to grow in 2010, it is claimed.
Read more...
 

Property prices in South Africa on upward trend for 2010

Tuesday, 15 December 2009

Residential property prices in South African rose for a fourth month in November after the central bank cut interest rates and the recession ended, according to the country’s biggest mortgage lender.

Read more...
 

Gulf developers looking to North Africa for investment

Tuesday, 13 October 2009

Middle East based developers are increasingly looking to North Africa where demand for real estate is expected to grow both from nationals and foreign investors.

Read more...
 

Residential property prices in South Africa show year on year rise

Tuesday, 28 July 2009

The residential property market in South Africa appears to be coping with the global downturn although concerns about a rising number of foreclosures are increasing.

Read more...
 
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Africa: Top Headline

House prices growth in South Africa set to remain in single digits this yearHouse prices growth in South Africa set to remain in single digits this yearHouse prices in South Africa have generally seen some growth in the first quarter of 2014 but in the popular middle sector of the market it is nominal, according to the latest real estate report from Absa bank.

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