Lango Real Estate to Acquire $200m African Retail Portfolio from Hyprop and Attacq
Lango Real Estate agreed to acquire a four-mall African retail portfolio -- Accra Mall, Kumasi City Mall and West Hills Mall in Ghana, plus Ikeja City Mall in Lagos, Nigeria -- from South African-listed REITs Hyprop Investments and Attacq, in a $200 million attributable-value deal funded via a share issuance to the vendors plus partial debt financing arranged by RMB. The transaction takes Lango's managed portfolio to roughly $875 million across Ghana, Zambia, Nigeria and Angola.
Published by Bizcommunity. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Bizcommunity
- Obtained from
- Bizcommunity
- Published
- Aug 13, 2024
- Last updated
- Jul 18, 2026 (1 month ago)
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