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Africa Luxury Real Estate News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.
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Latest Africa Luxury Real Estate News

  • Dubai World may sell assets to repay debt 7 Dec 2009 20:44 GMT
    ... a $3.5 billion Islamic bond sold by property unit Nakheel, sparked a 16 per cent ... Dubai. Its Istithmar division bought New York luxury retailer Barneys in 2007 for $942.3 million, ... unit, is building the Downtown Jebel Ali residential project in Dubai and has planned urban ...

  • SODIC starts key project, eyes debt 7 Dec 2009 17:52 GMT
    ... LE 1.6 billion on its projects, mostly luxury mixed-use developments, which will be fully financed ... the company's products and for Egyptian high-end real estate in general. SODIC signed LE 40 million ... deliver about 800 units in its flagship residential Allegria project in 2010, with about 200 ...

  • Dutch Ambassador's Cape Town residence for sale 7 Dec 2009 17:51 GMT
    ... Dutch Ambassador's Cape Town residence for sale Luxury Constantia property to go under the hammer The former residence ... advertising agency J. Walter Thompson in South Africa. Built to accommodate their large family he ...

  • Six reasons not to invest in offshore property 7 Dec 2009 15:55 GMT
    ... Six reasons not to invest in offshore property And why I did it anyway: Confessions ... I took the plunge and bought an apartment for cash in an Alpine ski resort. ... are rolling in. It seems like the luxury end of the leisure market, in Europe at least, ...

  • Investors mull first Ritz Carlton hotel in Israel 7 Dec 2009 11:17 GMT
    ... It will have 110 rooms, including 85 apartments, along with all the luxury facilities of a five-star hotel. The Ritz Carlton ... countries in the Americas, Europe, Asia, and Africa. 30 more hotels are under development. Some ...

  • No Need for Climate Justice Diplomacy 7 Dec 2009 09:31 GMT
    ... Conference begins in Copenhagen Denmark today, and Africa has promised to speak as one voice ... of the rich North to live a luxury life that has contributed significantly to global warming ... caused the mudslide which destroyed life and property worth millions. Tanzania Geological Survey said the landslide ...

  • Gemfields PLC Annual Financial Report 7 Dec 2009 07:36 GMT
    ... was exceedingly tough on the gemstone and luxury goods sectors, and the impacts thereof seem likely ... - Kagem The Kagem emerald mine in Zambia is presently Gemfields' only operating emerald mine, ... Non-current assets Intangible assets 9 - - Property, plant and equipment 10 5,993 268,663 Available-for-sale ...

  • Tampa arts benefactor David A. Straz Jr. values treasures, and shares his 7 Dec 2009 02:55 GMT
    ... the Beach Park neighborhood. The two-story, six-bedroom property, which includes a pool, tennis court and ... from Dresden, Germany; the whimsical Judith Leiber luxury handbags, which Straz enjoys giving to his wife ... include several projects at schools in West Africa. They have come about because of his ...

  • Homeowners make killing 7 Dec 2009 00:36 GMT
    ... sea-facing villas, golfing estates, high-security mansions and luxury apartments. Several estate agents said the most sought-after ... enjoy the Clifton beaches ... like South Africa's own little St Tropez." Last month the ...

  • Judgment Day for Global Financial Economy 6 Dec 2009 20:17 GMT
    ... is a favorite. Someone touting an existing property having over 90 million ounces of gold before ... and outside running water became a forgotten luxury by the 6th century. Not until the 18th century ... over 250,000 roads all over Europe, North Africa, and the Mid East. Just in Britain ...

  • SARS wants power to search and seize without a warrant 6 Dec 2009 19:56 GMT
    ... 2009 By Laura du Preez The South African Revenue Service (SARS) wants the power, without ... likes of boat clubs, casinos and even luxury car dealers. SARS will also be able to call ... affairs, because, for example, they have rental property, are sole proprietors or farm, Klue says. ...

  • Real Estate Investors Rate Brazil France & USA for 2010 6 Dec 2009 18:52 GMT
    ... as the top three places where overseas property investors were more likely to invest in ... in 2010. The prediction came from international real estate website who revealed the top 3 countries ... Florida is a buyer's paradise with brand luxury homes going for the price of a cramped ...

  • U.S. financier sought help from Libya as empire collapsed 6 Dec 2009 18:13 GMT
    ... empire alive. He would jet off to Libya to try to convince government leaders to ... After spending nearly $20 million on two luxury estates in Miami and St. Croix -- pouring ... months of each other, making a one-bedroom apartment his only home. By the time federal ...

  • Dr. Parvez Ahmed Unfolds Dubai's Debt Crisis 6 Dec 2009 15:44 GMT
    ... Dubai's economy that has been built on real estate and luxury tourism industries has caused the bubble, fueled by ... every citizen owes $2000 in debt. In Egypt, it is $1000. IOL: How far has ...

  • Billionaires to splash cash in SA 6 Dec 2009 14:44 GMT
    ... Abramovich will still dock his 170-metre long luxury yacht Eclipse, which has two swimming pools and ... on July 11, as well as an apartment on the Atlantic Seaboard. Carphone Warehouse founder ... luxury, and a helipad either on the property or not more than 15 minutes away ...


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