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Windhoek CBD retail market shows strong growth potential

According to Broll, the Wernhil Park Shopping Centre located in the Windhoek CBD in Namibia is expected to record a footfall of approximately 1.4-million people per month upon completion of its phase four extension

2 Nov 2017

Africa needs coordinated strategies for urbanisation

Africa's rapid urbanisation can be a driver of industrialisation and there is an urgent need to connect policies and strategies for urban and industrial development

25 Oct 2017

#EntrepreneurMonth: Chris Weylandt on the business of contemporary home decor design

Chris Weylandt, founder and CEO of furniture and decor retailer Weylandts, forms part of the impressive line-up at this year's Business of Design conference

By Lauren Hartzenberg 18 Oct 2017

Going the Reit route could help Attacq

Attacq, which owns the Waterfall development precinct, anchored by the 131,000m2 Mall of Africa near Midrand, last week reported foreign exchange and impairment losses of R280m on its European and African interests

By Joan Muller 26 Sep 2017

Dunes Mall opens in Walvis Bay in October

Walvis Bay gets ready to welcome Dunes Mall, a 27,500 m2 development from South African property developer and investor Atterbury

7 Sep 2017

2017 Africa Property Investment (API) Awards winners announced

The 2017 Africa Property Investment (API) Awards was held on Thursday, 24 August, recognising property developers, suppliers and owners in sub-Saharan Africa across seven categories

30 Aug 2017

African facilities management sector poised for growth

In many parts of sub-Saharan Africa, the concept of specialised facilities management is still in the process of evolving, presenting an opportunity for growth in the sector

21 Aug 2017

Windhoek rejuvenation receives local support

With increased interest from the business community and locals alike, Windhoek's central business district (CBD) is on a path to revival

22 Jun 2017

Extended shopping hours to the benefit of consumers and retailers

The competitive online retail environment has forced retailers to reassess many aspects of their business, including trading hours

12 May 2017

Multi-million-dollar refurbishment for Windhoek's Gustav Voigts

Windhoek's Gustav Voigts shopping centre is set to undergo a multi-million-dollar phased refurbishment starting this year

2 Mar 2017

New CEO for Oryx Properties

Carel Fourie has been appointed the new chief executive officer of Oryx Properties, the only Namibian property company listed on the Namibian Stock Exchange

12 Dec 2016

UK-based Tradehold growing foothold in Africa

UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia

24 Mar 2015

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

Marriott clinches deal to buy biggest African hotel chain

US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.

23 Jan 2014

Hyprop buys 87% of African Land for R768m

Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.

29 Nov 2013

Property listings on the move

The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%.

By Joan Muller 5 Oct 2013

Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013

New country lifestyle estate south of Windhoek

For South Africans with family ties or connections with Namibia, perhaps from having spent memorable holidays there, a new 856 hectare country lifestyle estate, just 35km south of Windhoek provides an opportunity to acquire their own piece of the Namibian bushveld.

17 Sep 2013

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