Financial Times FT.com

Middle East & North Africa

Fund to invest $100m in African real estate

By Jim Pickard in London

Published: October 5 2006 03:00 | Last updated: October 5 2006 03:00

In the world of international real estate, most of Africa is off the map - with the exception of a few pockets such as Morocco, South Africa and Kenya.

But a new $100m (€78.5m, £53m) fund is set to buck the trend by payrolling new property developments across much of the continent.

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