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 Kenyan govt increases stake in KenGen

Video / Fri, 02 Dec 2016 14:31:52 GMT

Kenyan govt increases stake in KenGen

The Kenyan government has raised its stake in electricity generating company, KenGen to 73.9 per cent after treasury converted the firm's $200 million debt into equity.

 Growthpoint's R2.8 billion Romanian purchase

Video / Fri, 02 Dec 2016 06:09:44 GMT

Growthpoint's R2.8 billion Romanian purchase

Growthpoint Properties today announced it will subscribe for an initial 26.9 per cent stake in London Stock Exchange Alternative Investment Market listed Globalworth- the largest owner of office space in Romania.

 MAS Real Estate acquires Nova Park mall in Poland

Video / Wed, 30 Nov 2016 10:41:10 GMT

MAS Real Estate acquires Nova Park mall in Poland

In line with the group's updated strategy of investing across the broader European market, the MAS Real Estate Group announced its acquisition of the Nova Park mall in Poland for 88.5 million euros.

 Family Bank reports 48% drop in profit

Video / Thu, 24 Nov 2016 07:15:02 GMT

Family Bank reports 48% drop in profit

Family bank has reported a 48 per cent drop in net profit to 9.5 million dollars for the first nine months of 2016, burdened by rising staff costs.

 Vacant property rises to 74% in Lagos' prime locations

Video / Thu, 17 Nov 2016 08:10:40 GMT

Vacant property rises to 74% in Lagos' prime locations

Analysts at Financial Derivatives say vacancy rates are as high as 74 per cent for prime real estate properties in Lagos. Bolanle Olutosin, Analyst, Financial Derivatives joins CNBC Africa for an outlook on the prime real estate market in Lagos.

 Acquisitions boost Centum's half-year earnings

Video / Wed, 16 Nov 2016 14:51:00 GMT

Acquisitions boost Centum's half-year earnings

Nairobi-listed Centum Investment's continued rise of first half profits to 19.6 million dollars has been attributed to positive performance by recently acquired Longhorn Publishers, and reduced forex loses on dollar-centered loans.

 Knock in headline earnings for Balwin

Video / Tue, 15 Nov 2016 10:41:22 GMT

Knock in headline earnings for Balwin

Balwin Properties' interim headline earnings per share are down 36 per cent with net asset value per share up 60 per cent. Stephen Volker Brookes, CEO of Balwin properties joins CNBC Africa for more.

 Prospects for Nigeria's real estate in Q4

Video / Mon, 14 Nov 2016 08:57:10 GMT

Prospects for Nigeria's real estate in Q4

As Nigeria continues the grapple with the recession, a slowdown in construction activities as well as forex restrictions and shortages has had its impact on the real estate sector.

 Indluplace Properties FY dividend up 10.5%

Video / Wed, 09 Nov 2016 15:32:43 GMT

Indluplace Properties FY dividend up 10.5%

JSE-listed residential real estate investment trust Indluplace Properties, has declared a dividend of 92.61c a share for the year ended September 30, up 10.5 per cent on its prelisting forecast.

 Atlantic Leaf moves to JSE Main Board

Video / Tue, 08 Nov 2016 15:34:51 GMT

Atlantic Leaf moves to JSE Main Board

Mauritian-based property investment company, Atlantic Leaf Properties has announced that its primary listing will move to the Main Board of the JSE.

 Rebosis Property Fund portfolio grows to R12.8bn

Video / Mon, 07 Nov 2016 10:43:04 GMT

Rebosis Property Fund portfolio grows to R12.8bn

Rebosis Property Fund full year results for the year end 31 August 2016- show the company has managed to grow its assets under management by 29,5 per cent to R12,8bn compared with R9,8bn in 2015.

 Redefine records an increase in property assets

Video / Thu, 03 Nov 2016 10:59:37 GMT

Redefine records an increase in property assets

Redefine Properties full year results show property assets expanded by R8.9 billion while the company local property portfolio valued jumped to R54.7 billion up from R52.8 billion in 2015.

 Mumias Sugar posts first-half loss on shortage of cane

Video / Mon, 31 Oct 2016 14:33:46 GMT

Mumias Sugar posts first-half loss on shortage of cane

Kenya's main electricity distributor Kenya Power and Lighting Company has registered a 1.4 per cent drop in pre-tax profits to $119.2 million in the first half of 2016, due to high network expansion rates.

 Octodec delivers 6.5% FY distribution growth

Video / Mon, 31 Oct 2016 08:50:20 GMT

Octodec delivers 6.5% FY distribution growth

Property Group Octodec Results reported a 6.5 per cent increase in its distribution per share to 201.5 cents. This was despite low consumer and business confidence due to the subdued economy.

 South African property market still resilient

Video / Fri, 28 Oct 2016 15:38:04 GMT

South African property market still resilient

Despite local and global economic uncertainty, the South African property market has remained resilient thanks to pockets of strength in the national housing market, such as the Western Cape.