Laurus Development Partners
Deal typeReal estate platform
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.