Jones Lang LaSalle (JLL) News

Examining the State of Hotel Development in Africa

Examining the State of Hotel Development in Africa

A total of 365 hotel chain development pipelines were reported in Africa in 2016, with 64,231 rooms.

Hyatt Regency Johannesburg

JLL predicts increased hotel investment activity in Sub-Saharan Africa

Recent high-profile transactions in the Sub-Saharan hotel sector have industry experts predicting increased liquidity, leading to more open-market transactions in the future.

A Protea Hotels location now owned by Marriott International

Why Marriott's Expansion in Africa Could Mean Long-Term Gains

Marriott opened its first property in sub-Saharan Africa, the 254-room Kigali Marriott in Rwanda, in early October.

A visitor takes photographs from the Ou Kaapse Weg as seasonal fog covers the city of Cape Town. Almost 7,000 visas were issued by the South African embassy in the UAE for the first seven months of this year. Credit: thenational.ae/Mike Hutchings/Reuters

Hotel developers will invest billions of dollars in African projects over the next few years

Hotel developers will invest billions of dollars in African projects over the next few years as they seek to take advantage of a fast-expanding middle class and growing business travel.

Tamassa Resort in Mauritius

Property fund Mara Delta agrees to buy Tamassa Resort in Mauritius

LUX* Resorts and Hotels sells Tamassa Resort for US$40 million in sale-and-leaseback deal.

An Overview of the Hotel Real Estate Sector in Africa: JLL

An Overview of the Hotel Real Estate Sector in Africa (Report): Jones Lang LaSalle (JLL)

The narrative on the investment potential in Africa has improved significantly over the past decade and many sectors in the African economy are seeing high growth in investment from global corporates, institutional investors and private equity.

Victoria Island, Lagos, Nigeria

Africa: Firmly on the map

A number of new real estate fund platforms focused on Sub-Saharan Africa (SSA) have emerged in recent years, giving credence to the continent’s ability to attract larger capital commitments from global investors.

JLL Acquires Trussard Property Consultants to Drive Further Growth in South Africa

JLL Acquires Trussard Property Consultants to Drive Further Growth in South Africa

JLL announced earlier this month the acquisition of Trussard Property Consultants, a leading local real estate leasing and investment agency business, based in Johannesburg.

Fairmont Mount Kenya Safari Club

Hotel real estate sector in Africa set for strong growth: JLL

JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, which has improved significantly over the past decade, though it is not without its challenges.

Baraza Resort and Spa Zanzibar

How Africa is getting ready to welcome more travelers (Video)

Is there room at the inn? There might not be in some parts of Africa, but that is set to change.

Corporate Entry into Africa - A New Chapter - Jones Lang LaSalle

Corporate Entry into Africa - A New Chapter: Jones Lang LaSalle (Report)

Africa has seen a surge of corporate interest and investment in recent years. Total FDI inflows into the region more than doubled since 2003 as international companies have sought to benefit from the sustained economic growth, rapid pace of urbanisation, emerging middle class and the myriad of other growth opportunities the African continent presents for international business.

Victoria Island, Lagos, Nigeria (Reuters/Joe Penney)

Why office space in Lagos is more expensive than New York (Infographic)

When you think about the most expensive offices space in the world, cities like New York and London,with their reputations as global financial centers, spring to mind.

Johannesburg Stock Exchange (JSE)

5 things to know about building business in Africa: Anthony Lewis, Director, Capital Markets, JLL Sub-Saharan Africa

Corporate and investor interest in Africa commands the attention of the highest echelons of global business. The theme of the 2015 World Economic Forum on Africa, “Then and Now: Reimagining Africa’s Future”, has my fellow delegates and me reflecting upon our continent’s remarkable turnaround.

Real Estate Transparency Improves in Sub-Saharan Africa. Lagos Marina. Image Credit: omidire.com

Real Estate Transparency Improves in Sub-Saharan Africa

As the investment interest in Africa and her fast growing economies rise, many more global corporates are keen on establishing a presence across key hubs in Western, Eastern and Southern Africa.