Background

About Improvon

Improvon is a real estate investment company operating across sub-Saharan Africa with expertise in providing tenants with A-grade warehousing, distribution and logistics facilities built to clients’ specifications.

Established in 1995, Improvon has a distinguished track record in logistics and warehousing, with a collective 100 years’ experience. The founders remain active in the business to this day, together with a strong team of executive directors.

Improvon is one of the few dedicated development businesses in the sector, offering tenants a turn-key solution in construction, leasing and asset & property management, resulting in quicker turn-arounds, balance sheet optimisation and better cost control.

Improvon owns and manages the value chain, ensuring confidence in execution:

Projects are on time, within budget and to specification
The company employs a team of more than 80 sector experts on a full-time basis across its businesses

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Investment by Actis

Actis is a leading investor in growth markets in Africa, Asia and Latin America with over 70 years heritage, across diverse asset classes of consumer, energy, financial services, infrastructure and real estate. With US$13 billion raised since inception, Actis has made more than 220 investments across 40 countries globally.

The Actis Real Estate Fund closed on its third opportunistic private fund in 2016, with commitments totaling $500 million– the largest private real estate fund targeting sub-Saharan Africa to date.

Actis’ Real Estate investment strategy focuses on the development of retail, office and industrial assets in some of the most dynamic cities in Africa. Over the past decade, the fund has invested in assets valued at $1.4 billion on a gross asset value base.

In 2017, Actis took a stake in Improvon Group. This investment allows Improvon to benefit from Actis’ extensive growth market experience.

Access to available capital allows the business to execute quicker on clients’ unique requirements.

Actis’ investment in Improvon allows Improvon to expand its business not only in South Africa but in primary logistics and warehousing hubs of Zambia and Kenya as well as other key areas in sub-Saharan Africa.