Market analysis exploring investor sentiment and emerging developments shaping Cape Town's industrial real estate sector.
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Lango Real Estate agreed to acquire a four-mall African retail portfolio -- Accra Mall, Kumasi City Mall and West Hills Mall in Ghana, plus Ikeja City Mall in Lagos, Nigeria -- from South African-listed REITs Hyprop Investments and Attacq, in a $200 million attributable-value deal funded via a share issuance to the vendors plus partial debt financing arranged by RMB. The transaction takes Lango's managed portfolio to roughly $875 million across Ghana, Zambia, Nigeria and Angola.
HOUSTON – (Realty News Report) – Houston-based National Property Holdings announced plans to develop nearly 1.1 million square feet of speculative industrial space across two buildings in Katy Prairie Business Park to meet the growing demand for logistics and manufacturing space in west Houston. Located just north…
Stonemont Financial Group is looking to build a 568,720-square-foot industrial facility in Winder. The Atlanta Business Chronicle reports the estimated value at build-out would be about $70 million. Winder is between Atlanta and Athens. Stonemount does not own the land. The Winder-Barrow Industrial Building…
FedEx has opened a new logistics centre in Košice, strengthening connections between eastern Slovakia and international markets. The facility, the company's second-largest location in Slovakia, spans nearly 1,000 sqm and features 18 loading ramps for pick-up and delivery, plus four flexible loading positions for…
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