Tag: real estate
As the effects of COVID-19 are felt around the world, real estate companies are being impacted in different ways, largely dependent on region and asset class.
As the Covid-19 pandemic continues to affect every aspect of life, real estate company Alphacrux carried out a survey to determine the impact of the pandemic on the residential real estate market in Lagos. Alphacrux CEO, Tobi Adama joins CNBC Africa more.
New findings indicate that occupancy rate in Kigali city’s commercial buildings stands at 85 per cent. However, there are still bottlenecks without which commercial real estate would be more viable. Dickson Malunda, Senior Research Fellow at the Institute of Policy Analysis and Research (IPAR) joins CNBC Africa for more.
PwC Nigeria estimates the dead capital in Nigeria's high-value real estate sector at somewhere between $230 to $750 billion and between $60 to $170 billion in the middle market. Lanre Fatimilehin, Director at Trillium Real Estate Partners joins CNBC Africa to share his perspective on this story.
The May cover of Forbes Africa features Nigerian billionaire Abdulsamad Rabiu, founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Forbes Africa West Africa Correspondent Peace Hyde filed this report.
Yesterday on the Nairobi Securities Exchange trading floor, My Space Properties became the first real estate company to be admitted into their Ibuka incubator program and only the second to be listed on the Stock Exchange. CNBC Africa is joined by the company's CEO, Mwenda Thuranira, to discuss not only what this means for his company but what it could mean for the sector at large in Kenya.
In the past decade Kigali has seen a major facelift, with skyscrapers going up, new housing developments and complexes and a now iconic illuminated dome marking the Kigali Convention Centre, it's clear to see that big moves are being made in the real estate world. As the 2019 Kigali Property and Shoppers Bazaar takes place, CNBC Africa is joined by Fred Ojiwah, Editor of Property Magazine and one of the organizers of the event for more.