Nigeria
Real Estate News

Global Real Estate Capital Beginning to Discover Sub-Saharan Africa

Global Real Estate Capital Beginning to Discover Sub-Saharan Africa

Unprecedented liquidity fueling global investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa. Read More »


Africa to Attract Significant Foreign Real Estate investment

Africa to Attract Significant Foreign Real Estate investment

According to a new report by Knight Frank, an increased number of international investors are investigating opportunities in African real estate markets. Read More »

Declining Oil Prices Impact Houston Office, Retail Sectors

Declining Oil Prices Impact Houston Office, Retail Sectors

According to a new report from CBRE Research, lower oil prices will have effects across the Houston commercial real estate market, but fears of broad-based decline are overblown. Read More »

MENA Region Hotels Deliver Moderate Results in January

MENA Region Hotels Deliver Moderate Results in January

According to STR Global, the Middle East-Africa region reported positive year-over-year performance results in two of the three major metrics during January 2015 when reported in U.S. dollars. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated September 11, 2015 9:00 AM ET

Nigeria Property News

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

Where transparency broadens, real estate capital flows and market change follows.

Private equity company Actis LLP will invest as much as $1.5 billion in African commercial property, hoping to profit from the region's growing middle class. London-based Actis plans to invest in shopping centers, office towers and industrial park projects.

Broll Property Group, based in the affluent Johannesburg suburb of Sandton and an affiliate of Los Angeles, CA-based CBRE, today has one of the largest commercial real estate management portfolios on the continent of Africa - 65 million square feet (six million square meters) in 15 countries.

In an unprecedented move, Johannesburg-based RMB Westport, South Africa's second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa.

London-based Scarborough United Group Plc, SUGPlc, has announced it plans to invest N77.89 billion ($500 million US) in Nigeria's real estate, leisure and football (soccer) services in the next six to nine months. Sheffield United, owned by Scarborough, is a major sports brand in the United Kingdom.

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