Investment Overview
Lango is a real estate company focused on directly investing in prime commercial real estate assets in key gateway cities across the African continent.
- Lango has emerged as a leader in the asset class in Africa, with assets under management of c.US$900million.
- Lango’s portfolio predominantly consists of prime A-grade office and retail assets in strategic locations. Lango’s tenant base is dominated by blue-chip international and regional tenants, which is directly related to the quality of the underlying assets.
- Lango incorporates a moderate level of term gearing in the financing of its asset portfolio, with the aim of maximising efficiency and enhancing returns.
- Lango ultimately aims to catalyse the capital market for real estate as an asset class in Africa and plans to list on a recognised Stock Exchange over the medium term.
Geographic and
Sector Focus
Lango is mandated to invest in specific nodes, in select major cities across the African continent, which potentially offer compelling growth propositions and investment longevity.
- Country and sector limits to maximize diversification
- Lango Investment focus on high-quality commercial real estate assets (retail, office and industrial)
- Targeted gearing between 30%-40%, with the aim of enhancing return potential
Investment mandate
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Accra, Ghana
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Lagos, Nigeria
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Luanda, Angola
-
Lusaka, Zambia
Key:
- Ghana
- Nigeria
- Zambia
- Angola
- Botswana
- Cameroon
- Cote d'Ivoire
- Ethiopia
- Gabon
- Mauritius
- Namibia
- Rwanda
- Uganda
- Kenya
- Morocco
- Mozambique
- Tanzania
- South Africa
Investment focus on strategic African 'gateway' cities and key sector-specific nodes.
Characteristics of investment destinations:
- Economically attractive
- Strong growth prospects and demographics
- Politically democratic
- Effective legal systems
- Land title certainty and transparency
- Enabling business environment
ESG integration into Investment process:
- Lango seamlessly incorporates ESG considerations for deal origination and ongoing portfolio management, ensuring a holistic approach.
Lango has Three Key ESG Stages:
- Pre-Execution: Identifying potential ESG issues and guiding due diligence based on risk levels.
- Execution: Accurate identification of ESG risk areas, leading to the creation of a targeted ESG Action Plan for risk mitigation and value maximization.
- Post-Execution: Completion of legal documentation, portfolio management, and ongoing assessment of assets for environmental and social conditions, prioritizing improvements.
ESG factors are not just considered but are fundamental to Lango’s investment process, contributing to risk mitigation, value creation, and responsible portfolio management.
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The Wings
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Circle Mall
-
Ikeja City Mall
910,770 km2
Natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land
| 223,804,632 | 2.38% |
|---|---|
| Population (2023 est.) | Population growth rate (2023 est.) |
| US$362.8bn | 2.86% |
| Nominal GDP (2023 est.) | Real GDP Growth (%) (2023 est.) |
| President Bola Tinubu | 2027 |
| Head of state | Next presidential election |
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Standard Chartered Building
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Stanbic Heights
-
Junction Shopping Centre
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Achimota Retail Centre
-
Accra Financial Centre
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Accra Mall
-
Westhills Mall
-
Kumasi City Mall
227,533 km2
manganese, fish, rubber, hydropower, petroleum, silver, salt, limestone
| 34,121,985 | 1.91% |
|---|---|
| Population (2023 est.) | Population growth rate (2023 est.) |
| US$76.4bn | 2.94% |
| Nominal GDP (2023 est.) | Real GDP Growth (%) (2023 est.) |
| President Nana Akufo-Addo | December 2024 |
| Head of state | Next presidential election |
-
Manda Hill Shopping Centre
743,390 km2
Copper, cobalt, zinc, lead, coal, emeralds, gold, silver, uranium, hydropower
| 20,569,737 | 2.72% |
|---|---|
| Population (2023 est.) | Population growth rate (2023 est.) |
| US$28.2bn | 5.83% |
| Nominal GDP (2023 est.) | Real GDP Growth (%) (2023 est.) |
| President Hakainde Hichilema | 2026 |
| Head of state | Next presidential election |
1,246,700 km2
Petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, uranium
| 36,684,202 | 3.03% |
|---|---|
| Population (2023 est.) | Population growth rate (2023 est.) |
| US$84.7bn | 0.86% |
| Nominal GDP (2023 est.) | Real GDP Growth (%) (2023 est.) |
| President João Lourenço | 2027 |
| Head of state | Next presidential election |