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

Tuesday, 14 October 2014 07:26

Louis Deppe

Living in an emerging market and with more than 15 years experience working in the property sector in both Sub-Saharan and South Africa, Louis has seen first-hand how an expanding middle class and growing economy can transform the built environment and impact people's everyday lives.

Louis began his career as a property developer working on light industrial warehousing and commercial office projects in South Africa before moving to Standard Bank, one of the country's largest banks, ultimately heading up the business unit responsible for property asset finance outside South Africa. He became part of Actis's bricks and mortar in 2005.

Attracted by our long-term commitment to Africa, he wanted to develop projects that would sustain and reflect the progress overtaking the country's emerging economies and contribute to their development.

From destination shopping centres to business parks, Louis focuses on the performance and advancement of Actis's Real Estate portfolio in Africa, providing fresh solutions to meet the growing demand for international standard commercial property, office space and retail developments across the continent.

Published in Property Leader
Sunday, 06 October 2013 09:53

Developers heed irresistible draw of malls

There are opportunities for property investors and developers to achieve high returns in Africa, says head of Africa at property consultancy Knight Frank.

Private equity firm Actis is investing a further $278m of equity into property developments in sub-Saharan Africa, bringing its total African property investments across two funds to about $433m.

The World Bank has likened the doubling of African manufacturing output over the last decade to China’s position thirty years ago. Emerging Markets Investment firm Actis’ real estate director Louis Deppe believes that South African real estate investors who ignore the potential in African markets do so at their own peril.

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