Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has significantly advanced the execution of its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

Ashburton Investments is pleased to announce the first close of the RMB Westport Real Estate Development Fund II (Westport II), raising just under USD250m of the USD450m target. 

RMB Westport recently raised US$250-million for its Real Estate Development Fund aimed at developing real estate assets in west Africa.