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Sanlam Africa Core Real Estate Investments Limited (Mauritius)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Sanlam Africa Core Real Estate Investments Limited Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Sanlam Africa Core Real Estate Investments Limited is a long-term investor in commercial real estate in sub-Saharan Africa. It was established when the real estate sector in Africa was showing signs of development. The company aims to provide US Dollar-based returns to its stakeholders. It targets the acquisition of completed commercial property assets with sustainable and growing income streams, while minimizing development risk. The company evaluates and responds to political, economic, and social risks during the investment lifecycle. SACREIL has interests in properties in Accra, Ghana; Dar es Salaam, Tanzania; and Lagos, Nigeria. The portfolio currently focuses more on office assets for stable returns, but is expected to shift towards retail assets due to the region's favorable consumer demographics. SACREIL continues to participate in Africa's progress and benefits from its growth prospects.

Headquarters
C/O Intercontinental Trust Limited, Level 3, Alexander House, 35 Cybercity
Ebene; Plaines Wilhems; Postal Code: 72201

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Website: http://www.sacreil.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2012
Key Executives
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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19.82%
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19.82%
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15.21%
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9.91%
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9.91%
Subsidiaries
Amani Place Properties Limited
100%
Lousol Properties Mauritius
100%
Sacreil Oddlot Holdings Limited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net fee and commission income
20.98%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-30.94%
Total equity
-31.91%
Total Assets Trend
N/A
Cost to Income Ratio
25.68%

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