Tony Elumelu's Transcorp Hotels reported first-half profit growth of 21% to N10.5 billion despite declining revenue and a fivefold increase in borrowings.
Published by Billionaires.Africa. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Fairvest acquired Jozini Mall (R399.1m) and Tugela Ferry Mall (R274.9m), two Shoprite-anchored KwaZulu-Natal shopping centres serving underserved communities, for a combined $38.9 million (R674 million) from Greater Atlantic Properties and Copperzone 163.
The Smash ATX bar is slated for demolition. In its place…a dual-branded Hilton hotel. Peachtree and Merritt Development are joining forces on the project, which will be an Embassy Suites by Hilton and Tempo by Hilton hotel. The hotel is expected to have 480 rooms. The room breakout will consist of 184 Embassy…
Mirbud wybuduje za 64,96 mln zł kompleks apartamentowo-hotelowy w Dusznikach-Zdroju. W ośmiu budynkach znajdzie się 240 apartamentów o powierzchni od 26 mkw. do 67 mkw. Obiekt będzie działać w systemie condo.
This is a news item published by EdgeProp Malaysia in July 2026 reporting on the completion of a RM20 million restoration project at the 1926 Heritage Hotel in Penang and its addition to Ascott's Unlimited Collection. The article covers a hospitality sector transaction in Malaysia.
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