Monday, 15 June 2015 13:09

Francophone Africa on the Rise

According to Instinctif Partners’ Africa Insight, the better part of a decade the narrative of ‘Africa Rising’ has become something of a buzzword in and around investment circles.

According to a recent CBRE Global Investor Intentions Survey 2015, 53% of global investors plan to increase their investment purchases this year.

African continent could become a competitive field for SA's property developers if the early movers act as catalysts.

South Africa has welcomed the announcement that Nigeria, Africa's most populous nation, is now the biggest economy in sub-Saharan Africa after it rebased its gross domestic product (GDP).

Having highlighted Africa as a primary focus, the Royal Institution of Chartered Surveyors’ (RICS) global President Elect, Louise Brooke-Smith is currently visiting South Africa (February 2014) and Ghana.

While Woolworths has canned its three-store pilot project in Nigeria, citing a mismatch with the Nigerian consumer and climate, Broll Nigeria says this need not deter South African retailers from profiting in the country.

Rand Merchant Bank has committed to jointly fund a major US$182-million A- grade office development in Lagos, Nigeria.

South Africa's foremost financial services company, FirstRand Limited has disclose plans to invest proceeds of its $250 million fund raising exercise across major West and Southern African real estate markets - particularly Nigeria, Ghana and Angola.

Monday, 08 October 2012 07:49

RMB Westport says West is best

RMB Westport recently raised US$250-million for its Real Estate Development Fund aimed at developing real estate assets in west Africa.

Saturday, 31 March 2012 02:00

Global Property company launches in SA

Knight Frank, a global property company with 209 offices in 47 countries across six continents handling in excess of US$755 billion worth of commercial, agricultural and residential real estate transactions annually, has launched Knight Frank Commercial in SA

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