Accra Mall, West Hills Mall Taken Over by South African Firm in New Deal

The Accra Mall, West Hills Mall, and Kumasi City Mall have been acquired by Lango, a South African real estate investment firm, following a transaction deal worth over US$200 million. This acquisition is part of Lango’s strategy to expand its retail business across African markets.

Lango’s portfolio now includes high-quality commercial real estate assets in Ghana, Zambia, Nigeria, and Angola. The new properties add to its existing holdings in Ghana, such as the Achimota Retail Centre and the Accra Financial Centre. Lango’s CEO, Thomas Reilly, highlighted that this acquisition strengthens the company’s position as a leading Sub-Saharan African real estate firm, with assets under management now totaling US$875 million across four countries.

Lango, which began operations in March 2018, focuses on acquiring prime commercial real estate assets in key African cities to generate sustainable investor returns.