Real estate

August 9, 2018

1

Funding for commercial real estate on the rise in Francophone Africa

West and Central Africa, colloquially referred to as Francophone Africa, continues to offer real estate investors and developers more opportunities as it remains one of the world’s fastest growing zones.

Through the West African Monetary Union (UEMOA) regional block, this integrated and increasingly developed region has multiple competitive economic advantages according to the Chairman of BHCI, JD Diabira, the region's first specialist"...

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August 7, 2018

2

Rwanda bets on property tax to boost local manufacturing

Rwanda Parliament has passed the law determining the sources of revenue and property of decentralized entities, commonly known as Property tax.

It replaces the old law 59/2011enacted in December 2011 which provided for the sources of revenues for decentralized entities including decentralized taxes, fees and charges levied on services rendered to citizens by local administration, transfers from central government, loans, interests from their business"...

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July 25, 2018

3

Portland Paints posts N2.32b revenue, N58.17m profit in 2017

Portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, has posted revenue of N2.32billion and Profit After Tax (PAT) N58.17million for the 2017 financial year.

Reviewing its performance at the 2017 yearly general meeting held in Lagos, on Friday, the Chairman of the company, Larry Ettah, explained that Portland Paints the N2.32billion, represented a 26 per cent growth over the N1.971billion recorded in the corresponding period"...

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July 24, 2018

4

MyVilla.comFive Risks to Avoid While Buying a Home in Dubai

Home buying is no joke if you are someone investing your life’s savings in the big dream of being a homeowner. A real estate investor looking for a second home to rent out, needs to be cautious too. After all, everyone looks at real estate as an alternative to savings, to earn higher rate of returns and to find a nest to spend the rest of their life with their loved ones.

MyVilla.com,"...

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July 18, 2018

5

Boston Capital Announces Closing of Boston Capital Income & Value U.S. Apartment Fund

(AETOS Wire)-- Boston Capital, the third largest owner of apartments in the U.S. with over $19.6 billion invested, is pleased to announce the final investor closing of Boston Capital Income and Value U.S. Apartment Fund (“BCIV”). BCIV, a discretionary multi-investor Luxembourg based fund vehicle, includes financial institutions, insurance companies, pensions, and family offices among its investors and will acquire over $350 million in apartment properties throughout the"...

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