About Us
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 was originally jointly established between Ninety One (previously Investec Asset Management) and Growthpoint Properties and commenced operations in March 2018.
Lango has since demonstrated significant growth and is emerging as a leader in the asset class in Africa, with assets under management of c.US$900million.
Lango ultimately aims to catalyse the capital market for real estate as an asset class in Africa and plans to list on the London Stock Exchange over the medium term.
Summary
A private real estate company giving investors exposure to prime income-producing commercial African real estate.
Compelling market opportunity
- Lango owns and manages a portfolio of high-quality commercial income-producing properties
- Opportunities exist for early investors to benefit from and shape the development of economic nodes
- Rapid urbanisation rates and attractive demographics provide a basis for economic growth across the continent
Highly focused approach
- Assets are diversified across sectors and countries, with a specific focus on select ‘gateway’ city nodes
- Sectoral exposure focused on retail, office and industrial assets
- Investments made in high growth nodes, focusing on prime income-producing assets and high-quality tenants
Scalable structure
- A scalable, private REIT-like structure
- Lango to pursue becoming a public company via a listing on the LSE by March 2026
Strategy
Strategy
Lango aims to generate sustainable investor returns and high-quality income, with a lasting socio-economic impact, through the acquisition of prime commercial property assets in select cities across the African continent, which have a strong ability to support long term growth.
The strategy results in the creation of a portfolio with significant diversification across both geographies and sectors, which together with sufficient scale and associated liquidity allows the business the opportunity to benefit from a lowered cost of capital and potentially drive a premium rating, further enhancing long-term shareholder value.
An investment opportunity aiming to deliver long-term investor value, with a lasting socio-economic impact
Socio-economic impact
- Development of local real estate capital markets
- Wide-ranging developmental impact on the continent which we expect will result in long-term socio‑economic benefits
- Various Environmental, Social and Governance initiatives aligned to Lango’s position as a leader in the real estate asset class.
Investment strategy
Aiming to generate sustainable investor returns and high-quality income, through the acquisition of prime commercial property assets:
- Assets diversified across strategic African cities and key sector specific nodes
- Assets with a strong ability to support long-term rental growth from top tier tenants
- Enhanced by an allocation (maximum 20%) to real estate developments
Portfolio characteristics
- High-quality, typically income-producing assets
- Moderate gearing 30-40%
- Diversified portfolio
ESG focus
- Lango striving to achieve 100% green ratings across our properties through EDGE certification to create sustainable buildings.
- We are actively participating in community initiatives, with a focus on education and business development.
- Lango is working to achieve 37% female board representation to enhance diversity and inclusion.
Using EDGE to power our green building drive
Our united nations sustainability development goals focus areas
A path to investor liquidity
A path to investor liquidity
- Steady liquidity cashflow stream
Aiming to declare regular distributions to investors - Targeting listing agreed by 2026
Process underway to achieve targeted listing by 2026 - Target listing on reputable stock exchange
Actively seeking a listing on the London Stock Exchange (LSE) for global accessibility - Strategic liquidity risk management
Enhanced through a diversified portfolio across several geographies