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Global Real Estate

Johannesburg’s RMB Westport set to invest $250million in Nigeria’s real estate

In an unprecedented move, Johannesburg-based RMB Westport, South Africa’s second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa. The initial sites will be in Nigeria, Ghana and  Angola. Retail and mixed-use development will be the primary objective. Africa currently has strong demand for high-grade retail and ...

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Social Media Giant Facebook in Real Estate Business

Facebook in Real Estate Business

  Facebook is making a foray into real estate business by partnering with developer St. Anton Partners to build a 394-unit apartment complex within walking distance of the company’s Menlo Park campus. The 10-acre complex, dubbed Anton Melo, will include a sports bar, bike repair shop, yoga center and a pet spa.   Facebook employees will get first crack at ...

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