Lack of documentation, digitisation and trust is a significant challenge for anyone hoping to exploit the significant opportunities in African Real Estate. Anyone who succeeds will need to adopt the right policies, structures and tools to unlock the vast potential this sector offers.
A rapidly expanding, wealthier middle class is driving urbanisation and the demand for homes, shopping centres and retail units. ALN is trusted by clients to deliver the right advice on large, complex, multi-use developments from start to finish; including advice relating to tax, equity structuring, construction and ancillary infrastructure development, debt financing, conveyancing, operation and management.
ALN encompasses diverse expertise enabling us to advise on some of the largest and most complex developments in Africa. We understand that real estate is an inherently local business − and we have strong local knowledge. Our clients benefit from our deep experience in orchestrating complex projects in Africa, including documentation, negotiations, legal and regulatory issues and, if necessary, litigation.
Representative transactions include advising:
A Mauritian private real estate development company, in connection with its acquisition of Metroplex Shopping Mall, one of the largest shopping malls in Uganda.
A subsidiary of Aviation Industry Corporation of China, a Chinese state-owned aerospace and defence company, in connection with its development of a mixed-use state-of-the-art development comprising of one of tallest office blocks in Kenya, a modern retail and commercial centre, a five star hotel and four residential apartment blocks consisting of an aggregate of 504 high end apartment.
In connection with the USD 25 million leveraged acquisition by merger of another property owning Zambian listed company.
In connection with the development of a financial centre in Kigali Rwanda.
An infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, in connection with the legal framework for a proposed transaction involving the development, construction and financing of the Kigali Innovation City infrastructure project.
A Mauritian company that was the first to listed on the London Stock Exchange, in connection with its listing on the Official List of LSE.