Top 10 African Real Estate Deals in 2019

The Africa Property Investment (API) has released the top 10 deals that have taken place in Africa in the year 2019.

The organisation is planning to hold a significant annual gathering of capital investors in African real estate at its 10th annual Africa Property Investment (API) Summit slated for October 2 and 3 in Johannesburg, South Africa.

In a release, API listed the top property transactions carried out this year already and claiming the number one spot was

Growthpoint Investec African Property Fund to acquire malls in Ghana & Zambia

    Deal Size: Undisclosed

    Centum RE & Nedbank ±$75M Debt Deal for their Two Rivers development project

    Deal Size: $75 million

    IFC invests in Hilton in Lusaka Protea Hotel (Zambia)

    Deal Size: $9 million

    African Logistics Properties (ALP) Signs Debt restructuring deal with Standard Bank

    Deal Size: $26.5 million

    Shelter Afrique in Affordable Housing Deal with Habitat International

    Deal Size: $100 million

    Grit buys Senegal Club Med

    Deal Size: $12.5 million with development plans of $28.8 million

    CDC commits to mezzanine debt investment in Teyliom Hospitality

    Deal Size: $30.7 million

    WeWork opens its first of many African Office locations in Johannesburg

    Deal Size: Undisclosed

    Actis & Shapoorji launch affordable housing Joint Venture in Kenya

    Deal Size: $120 million

    Westpark & Siemens to build sustainable industrial Park

    Deal Size: Undisclosed

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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