Institutional Real Estate, Inc.

Investec Asset Management, Growthpoint Properties and International Finance Corp. (IFC) have received $212 million in equity commitments for a pan-African real estate investment joint venture.
Growthpoint Investec African Properties (GIAP) will seek to invest in income-producing commercial real estate assets in select cities across the African continent. Targeted investments will be further diversified by sector, with GIAP’s mandate spanning office, retail and industrial properties.
“A key…

Institutional Real Estate, Inc.
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