Real Estate Archives - AfricaBusiness.com

6Oct

By Africa BusinessNo Comments

Mauritius News, Real Estate

BBC Lifestyle’s new property-reality series, Listing Mauritius offers viewers a glimpse into breathtaking Mauritian properties

Listing Mauritius cast left to right: Nawsheen Herburrun, Grahame Diedericks, Mridula Sembhoo, Manon Duez, Rinie Boshoff, Samuel Alladee, Viviane Jeetah. Following the success of Listing Jozi and Listing Cape Town, BBC Studios’ lifestyle channel in Africa, BBC Lifestyle, brings you a brand-new series - Listing Mauritius. The 10-part series starts on Wednesday 16th October at 20:00, exclusively on BBC Lifestyle, DStv Channel 174. Episodes will be repeated Thursdays at 17:00 and available on DStv catch-up. Mauritius is known for its breathtaking beaches, luxury resorts, amazing tropical weather and diverse culture, but over the past few years, the island has fast become a haven for foreign property investors from all over the world, including South Africa. “We have been mesmerised by the ...

30Sep

By Africa BusinessNo Comments

Real Estate, South Africa News

Luxurious Age in Place living: Franschhoek’s La Luc Estate reimagines active retirement

Independent and inspirational – the healthy, active and dynamic 55+ age group in South Africa wants community, lifestyle and privacy from their property investments[1]. Property prices in Franschhoek have soared in the last 10 years at an increase of 104%[2] In 2023, the Franschhoek residential property market generated R565 million in sales, with a total of 104 residential properties sold - of which 70 were own title properties worth R414 million and 24 were sectional title properties worth R151 million.[3] The asking price for properties in Franschhoek varies from R3.3 million to R12 million dependent on size and location Franschhoek's property market is characterised by a strong concentration of wealth, rising property values, increasing local demand and limited developmen...

24Sep

By Africa BusinessNo Comments

Real Estate

Key Insights at the 15th Annual Africa Property Investment (API) Summit

The 15th Annual Africa Property Investment (API) Summit concluded last week Friday on a high note, offering deep insights into the transformative power of technology within the real estate sector. Among the standout sessions was the panel discussion titled "TECH IN REAL ESTATE: Top-Down Influence: How Technology is Influencing Listed and Private Real Estate," which featured industry leaders exploring the intersection of technology and property services. The panel, facilitated by Phil Barttram (Director of Pooled Data Services), included esteemed speakers such as Imogen Mantel (Head of Analysis, Liberty Two Degrees), Waldo Marcus (Industry Principal, MRI Software), Gary Goliath (Innovation Lead, Quoin Technologies), and Malcolm Horne (Group CEO, Broll Property Group). Together, they discus...

3Sep

By Africa BusinessNo Comments

Real Estate, South Africa News

Construction of Club Med South Africa Progresses To 2026 Opening

Construction of Club Med's first Resort in South Africa is in full swing, and the excitement is building as it moves steadily toward its scheduled opening in July 2026. Officially named Club Med South Africa, this unique destination promises to deliver the perfect mix of beachside relaxation and safari experiences. Nestled alongside the north coast of KwaZulu-Natal, and bordered by vibrant wildlife reserves, the Resort will be an ideal escape for both international and local travelers looking for a blend of tranquility and adventure. Key Milestones and Construction Phases The scale of this development has necessitated a phased construction approach, allowing for multiple aspects of the project to advance simultaneously. The current focus is on three critical components: Hot...

15Aug

By Africa BusinessNo Comments

Kenya News, Real Estate

ShafDB signs MOU with CPF Group to scale up development of affordable housing

The agreement seeks to provide a platform for intervention across the affordable housing value chain. Shelter Afrique Development Bank (ShafDB), a leading Pan-African institution committed to financing and advancing housing, urban, and related infrastructure development, has signed a Memorandum of Understating (MOU) with CPF Group, aimed at scaling up the development of large-scale affordable housing projects in Kenya. The agreement which is expected to boost Shelter Afrique Development Bank’s mandate of providing decent and affordable housing in Africa, was signed in Nairobi by CPF Group Managing Director, Dr. Hosea Kili, and Shelter Afrique Development Bank Head of Credit and Operations, Mr. Christopher Chege, on behalf of the Managing Director Mr. Thierno-Habib Hann. “As a company,...

31Jul

By Africa BusinessNo Comments

Real Estate

African Market Disruption – Trends Shaping the Future of Real Estate

Cape Town, Wednesday, 31 July 2024 - Malcolm Horne, Group CEO of Broll Property Group, shared the stage at the annual SACSC (South African Council of Shopping Centres) Congress in a panel discussion alongside Matt Clark, Head of EMEA Retail at AlixPartners, and Mike Coppin, Director & Co-Owner of Food Lover’s Market. The panel explored the latest trends and innovations shaping the retail and real estate sectors, with Horne highlighting Broll's strategic initiatives in disrupting the market. Innovating with Technology "Our focus has always been on staying ahead of market trends by integrating cutting-edge technology into our operations," said Horne. "We utilise advanced data analytics and AI to provide our clients with actionable insights, allowing them to make informed decisions and ...

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

23Jul

By Africa BusinessNo Comments

Business, Democratic Republic of the Congo, Events, Real Estate

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

Luxury Lifestyle Awards, a global recognition platform in the luxury industry, is proud to announce Tabanlıoğlu Architects (TA_) and Miller Holding as winners in the category of Best Luxury Mixed-Use Architecture for the Kinshasa Finance Center and Congress Center in the Democratic Republic of the Congo. Designed by the renowned TA_ and constructed by Miller Holding, the Kinshasa Finance Center transcends its role as an administrative hub. It embodies the DRC's burgeoning progress and bright future. The integrated Congress Center further amplifies this vision, fostering international collaboration and exchange. Founded in 1990 by Murat Tabanlıoğlu and his father, the Istanbul-based architectural firm, with its long family tradition spanning over six decades, demonstrates a professional...

23Apr

By Africa BusinessNo Comments

Real Estate, South Africa News

Increased competition and bond switching set to shake up the SA property market

As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home loan terms to attract customers. This environment has given rise to a practice widely adopted in the UK but is yet to reach a tipping point in South Africa: bond switching. Clive Bredenkamp, IT Executive at Proptech specialist e4, explains the potential shifts: “The property market is inherently sensitive to interest rate changes. While the rates are currently only marginally higher than in 2019, the market’s response to the current interest rate has been disproportionately severe due to the very low rates we experienced during the pandemic. However, with new players entering the market and offering up to a 1% discount on interest rates...

25Jan

By Africa BusinessNo Comments

Real Estate, South Africa News

Proptech trends on the horizon

Proptech is reshaping the real estate industry, with technological innovation continuously improving value creation for all stakeholders, generating efficiencies, improving transparency, and further refining the user experience. As in any industry, it’s essential for businesses and consumers to understand and utilise these shifts to guide their decisions and movements going forward. Andrea Carr, Head (R&D) at leading proptech company e4, says these are the trends that will influence the industry in 2024 and beyond: Smart contracts: The real estate industry has long been plagued by inefficiencies, lack of transparency, and high transaction costs, says Carr, but blockchain technology is changing this. “Blockchain technology and smart contract development is revolutionising the way th...

Sustainable Luxury: Genesis Planners Garners Accolades for Two Outstanding Projects

4Dec

By Africa BusinessNo Comments

Real Estate

Sustainable Luxury: Genesis Planners Garners Accolades for Two Outstanding Projects

Genesis Planners Pvt. Ltd., an architectural firm renowned for its innovative design solutions and visionary approach to architecture and urban planning, proudly announces its double victory at the Luxury Lifestyle Awards, 2023. The company received recognition in two distinct categories: Best Luxury Commercial Property Architecture for their outstanding work on Aparna Technopolis and Best Luxury High Rise Architecture for the awe-inspiring Jayabheri The Peak. These awards underline Genesis Planners' devotion to redefining luxury living through ingenious design and sustainability. Jayabheri The Peak: Showcasing Luxury and Sustainability Jayabheri The Peak emerges as a truly remarkable residential project that sets new standards in luxury living. Spanning across a sprawling 3-acre expa...