Actis Africa Real Estate Fund 3 (ARE3) News

Novare Lekki Mall (Illustration)

Nigerian property crash attracts brave investors betting for the long-term

A property market crash in Nigeria offers opportunities for brave investors betting that Africa’s most populous nation will deliver high returns when it climbs out of recession.

David Morley, Partner & Head of Real Estate, Actis

Actis raises $500M for largest ever real estate private equity fund targeting sub-Saharan Africa

Actis, a leading growth markets investor, recently announced that it has reached final closing on its third opportunistic private real estate fund, Actis Africa Real Estate Fund 3 (“ARE3”) with commitments totaling more than $500m, comfortably exceeding its original $400m target.