Many societies and economies in Africa are developing rapidly.

The need for high-quality, fit-for-purpose real estate in Africa’s urban growth centres is great and is continuing to grow. Taaleri is among the first European investors to be building a portfolio of real estate in Africa.

Africa is moving into an age of strong sustainable growth. Lack of capital, however, is slowing that growth, particularly in the real estate sector. The Taaleri Africa I Fund invests in real estate and real estate development targets together with local institutional partners.

Taaleri's first Africa Fund was opened to investors in February 2014 and, by the end of October, had accumulated approximately €39.5 million of investment commitments from a total of some 430 investors. The fund has invested in real estate development projects in Kenya, Rwanda and Mozambique. From conceptualisation to divestment, the projects are managed in cooperation with carefully selected local partners.

Strong engines of economic growth in East Africa

The efficient and active monetary policy of East Africa’s central banks is creating macroeconomic stability. The region’s demographic structure, a young and growing population, combined with a strong growth in purchasing power is the engine of the economy. Regional government is efficient and transparent, and political changes in the right direction are improving the operating environment.

Strong local expertise

Our portfolio manager, Antti-Jussi Ahveninen, has long-term experience in the African real estate sector, extremely strong local knowledge and networks, particularly in Kenya, Mozambique and Rwanda.

We carry out seamless cooperation with expert local partners, and together we select optimal investment targets and ensure access for our investors to the African property investment markets.

The fund is closed and is no longer accepting new investors.

Portfolio Manager

Antti-Jussi Ahveninen

Antti-Jussi Ahveninen

Head of Real Estate Funds, Africa
Taaleri Private Equity Funds Ltd
+358 46 714 7100