Tuesday, 10 September 2019 17:31

Hyprop revises strategy for long-term gains

Against the backdrop of a deteriorating global economy, JSE retail specialist REIT – Hyprop - achieved higher distributable income in both its South Africa and Eastern Europe portfolios for the year to June 2019. 

JSE specialist shopping centre REIT, Hyprop, today announced the sale of Manda Hill Shopping Centre located in Lusaka, Zambia.

Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has begun executing on its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses. 

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

Grit, the only listed Africa-focused distribution group to offer access to high growth opportunities in thriving African economies outside of South Africa, today reported solid financial results for the nine months ended 31 March 2018. 

One Airport Square in Accra is West Africa’s first commercial green building.

Tuesday, 28 August 2012 10:40

Accra office market powers ahead

As Ghana’s economic growth continues at break-neck speed – fuelled by surging output in the mining and nascent upstream oil industries – the outlook for the office market in Accra is looking extremely bright, according to property management group Broll’s Q2 Office Barometer for Ghana

Wednesday, 27 March 2002 02:00

Ghana touts for hi-tech development

Ghana is moving away from its dependence on minerals and farming, and opting instead for hi-tech development as data whizzes between the country once known as the Gold Coast and its partners in the US. 

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