Successful Launch of African Real Estate Fund

20 Feb 2015

 

Momentum Global Investment Management: The fund, in conjunction with Eris Property Group reported yesterday it had successfully closed the first tranche of it African Real Estate Fund with million ( R583m) of institutional , family office and high net worth investor capital.

The fund will focus on the development of retail, commercial and light industrial property in sub –Saharan Africa outside of South Africa and is aimed at long term institutional investors.
 

Source: Cape Times Business Report

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