A retail jewel is rising steadily in Cameroon’s capital of Douala, with planned completion now less than a year away.

The spotlight will be on Africa and its urban development this week as more than 250 executives and professionals in the built environment sector are set to attend the Royal Institution of Chartered Surveyors (RICS) Summit Africa event in Sandton Central, Johannesburg.

Hilton today announced the signing of a management agreement with Growthpoint Properties, South Africa’s largest REIT, to open a hotel under its lifestyle Canopy by Hilton brand. 

Attacq Limited , a South African-based REIT today announced an interim dividend of 40.5 cents per share for the six months ended 31 December 2018, which is well in line with guidance.

London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the period ending 31 December 2018, despite challenging retail market conditions.

JSE-listed diversified real estate investment trust Redefine Properties’ new 15 storey Rosebank Link has been completed on schedule with all its office space now fully let.

The Green Building Council South Africa (GBCSA) has awarded a 4-star Green Star Sustainable Precincts certification – the first in Africa – to a project that will be built by historic Cape Town development company, Garden Cities NPC (RF), as a further phase of its flagship Cape West Coast suburb, Sunningdale.

JSE-listed Accelerate Property Fund today reported interim financial results for the six months ended 30 September 2018 in line with company guidance.

This week’s inaugural Africa Investment Conference is expected to be a game-changer for the development and economic growth prospects of the continent, organisers said on Monday.

Leading property developer, Devmark Property Group, won three prestigious African Property Awards including Best Residential Development and Best Development Marketing for The Plettenberg Manor, as well as Best Single Unit Residential Development for Klein D'Aria Private Estate.