Group CEO of the Broll Property Group today announced the executive appointments of Gordon Bell as Director for Broll Africa operations in East Africa, and Brad Gee, as Managing Director of Broll Kenya with effect from 1 July. 

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

Western Cape is home to some of the world's best hotels.

City Lodge Hotels sets aside R475m to build two new hotels in East Africa, and is looking for other opportunities to add hotels in capital cities across East and Southern Africa.

Kenya's retail property market is fast becoming one of the most sought after growth markets for South African real estate firms and retail companies, said Org Geldenhuys, MD of property development and marketing company, Abacus DIVISIONS.

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.

City Lodge reports a 14% rise in normalised diluted HEPS to 330.5c in the 6 months to December from the same period a year ago.

Retailers are responding to increased demand from consumers in Africa, and in particular expanding operations on the continent from South Africa, reports Malcolm Horne, CEO of Broll Property Group.

Garden City, Nairobi’s flagship retail, residential and commercial property development, broke ground today at a celebration ceremony in the presence of over 100 distinguished guests, including the Governor of Nairobi, Dr. Evans Kidero.

Kenya’s property industry is seeing unprecedented growth. Retail and office space is in very high demand. Foreign investors and local business are seeking out and snapping up opportunities across the country especially in Nairobi. But there are challenges as well as rewards.