Laurus Development Partners

Laurus Development Partners Image

Region

West Africa

Country

Ghana, Nigeria

Sector

Real Estate

Deal type

Real estate platform

Investment date

2010

Status date

Current

Bridging a skills gap

To address the weak in-country development expertise in West Africa, Actis established Laurus Development Partners (‘Laurus’) in April 2010 to serve as a real estate development execution platform.

The company supports Actis’ West Africa real estate investment programme targeting development stage, environmentally sustainable A-grade office, retail and middle income residential developments, primarily in Nigeria and Ghana.

Laurus has built a team of experienced professionals with international expertise and deep local knowledge and relationships. Laurus, the Actis Real Estate team, and the Actis Responsible Investment team have been working to develop a green rating scheme tailored to the climatic and socio-economic conditions of West Africa.