MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Featured » Growthpoint Investec African Properties undergoes rebrand

Growthpoint Investec African Properties undergoes rebrand

Growthpoint Investec African Properties Limited (GIAP) has been rebranded to Lango Real Estate Limited (Lango). Launched in 2018, Lango’s assets, which it owns and manages, include several prime office and retail properties in Ghana, Nigeria and Zambia, with an aggregate value in excess of $600m.

Growthpoint Investec African Properties undergoes rebrand


Lango, meaning ‘entry point’ or ‘gateway’ in Swahili, reflects Lango’s strategy to become an entry point for investor capital to flow into the real estate sector in Africa, and to invest in the key ‘gateway’ cities on which it focuses.

Lango was originally jointly established by JSE-listed Reit Growthpoint Properties Limited, and LSE- and JSE-listed global investment manager Ninety One (previously Investec Asset Management). Growthpoint also has a 16% shareholding in Lango, alongside other South African and international institutional investors.

Lango Real Estate - Accra Financial Centre in Accra, Ghana

Lango Real Estate – Accra Financial Centre in Accra, Ghana

Says Lango managing director Thomas Reilly: “Lango has built a robust platform over the past few years, and whilst nothing changes in terms of the current operational and strategic support Lango receives from both Growthpoint and Ninety One, the rebranding does allow for the creation of a new and exciting identity for the business. We look forward to our future interaction with our peers and stakeholders as Lango,” says Reilly.

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Growthpoint and Squash South Africa renew multiyear sponsorship

Growthpoint Properties, the largest South African primary listed property investment company on the JSE, has announced the renewal of a multiyear title sponsorship that...

Five possible solutions for SA’s unemployment crisis as job summit nears

With an unemployment rate of 27.2%, President Cyril Ramaphosa has called for a Jobs Summit scheduled to take place over two days this week. ...

MUST READ

We must protect SA’s groundwater

By Chetan Mistry, Strategy and Marketing Manager at Xylem Africa. THE borehole is a South African staple, accessing water from underground aquifers.  This is called groundwater,...

RECOMMENDED

Cape Business News
Follow us on Social Media