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AnalysisIntelligenceBuilding

More house building needed to meet rising rental demand

Construction shortfalls are pushing up residential rents to record highs, according to the rental payment experts at PayProp.Data from the platform, which processed more than R1.4 billion in rent in June 2024, shows that the average rent in the country rose by 4.9% year on year in Q2 2024 – the fastest growth since 2017.

16 September 2024 · steven · 3 min read

AnalysisIntelligenceBuilding

The 4th edition of Big 5 Construct Nigeria unites construction professionals to capitalize on $128 billion building sector

The construction industry in Nigeria is anticipated to grow at a CAGR of 2.4% between 2024 and 2028 (Source: ABIQ), thanks to the government’s focused infrastructure development strategies and support. Prioritizing economic development, public and private investment in the housing sector, and strengthening external demand, Nigeria’s government is reshaping the industry and the future of

28 August 2024 · steven · 3 min read

AnalysisIntelligenceBuilding

Canal Walk Shopping Centre awarded prestigious 5-Star Green Star Award

Canal Walk sets a new standard for sustainability, earning top honours with a 5-Star Green Star rating for its outstanding environmental performance. Canal Walk Shopping Centre has again been awarded the prestigious5-Star Green Star Existing Building Performance Award by the Green Building Council of South Africa. This accolade affirms Canal Walk’s unwavering commitment to environmental

27 August 2024 · steven · 2 min read