Lango concludes largest real estate financing deal in Africa with Standard Bank and RMB

Lango concludes largest real estate financing deal in Africa with Standard Bank and RMB

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Summary

In the largest real estate debt transaction in Sub-Saharan Africa (excluding South Africa) and the first cross-collateralised and multi-jurisdictional portfolio real estate financing deal on the continent, Lango Real Estate Limited (formerly Growthpoint Investec African Properties Limited) has completed a full restructure of its underlying property debt in a portfolio financing transaction worth over US$300 million.

Source: Lango Real Estate (Formerly Growthpoint Investec Africa Properties)

Published: 2021

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