Portfolio

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Property holdings in sub-Saharan Africa

The retail and office properties we have invested in have been independently valued at over USD146m.

Our diversified, risk-managed portfolio of real estate assets yields sustainable income streams for our investors. We focus primarily on making long-term investments in commercial properties that boast major retailers and companies as core tenants. We are currently invested in Ghana, Nigeria and Tanzania, and at present are able to invest in 9 other sub-Saharan countries. Our mandate is to invest in Sub Saharan Africa excluding South Africa and its Common Monetary Area.

Our portfolio includes Accra Mall in Ghana that has 21,384m2 gross lettable area retail space and boasts long-term tenants Shoprite and Game. We have an effective shareholding of 47% in this property which is valued independently at USD96.6m. We have a 100% effective shareholding in Atlantic House, Lagos, Nigeria with a gross lettable area of 4,271m2 office space. This property is independently valued at USD16.36m and our major tenants include Cisco and Eland Oil and Gas. We have a 100% effective shareholding in Capital Properties, Dar Es Salaam, Tanzania, which has Gross Lettable Area of 20,962m2. The anchor tenants include Barclays Bank, Commercial Bank of Africa and First National Bank. The property is independently valued at USD33.8m.

ACCRA MALL, GHANA

Retail

Accra Mall is the second largest mall in Ghana and is valued at USD96.6M. Anchor tenants include Game and Shoprite.
As at 31 December 2021

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ATLANTIC HOUSE, NIGERIA

Office

SACREIL owns an office tower in Lagos through Lousol Properties Limited (“LPL”), a company domiciled in Nigeria. Most of the tenants have been in occupation for several years and include multinational organisations.
As at 31 December 2021

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CAPITAL PROPERTIES, TANZANIA

Office

SACREIL owns three office towers, and an associated car park, located in Dar es Salaam, Tanzania. The total GLA of the three towers amounts to approximately 20,962m2 and is multi-tenanted.
As at 31 December 2021

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