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Xterra eyes Kenya market for real estate deals

Xterra Capital Advisors, which is in the process of raising the $300 million Xterra Africa Property Fund, is apparently planning to invest a significant proportion in the fund in Kenyan real estate opportunities. The firm, which is also raising a similar amount in debt, will invest 34% of the capital in Kenya’s property market, with other allocations planned for Nigeria, Ghana, Rwanda, South Africa and Uganda.

Read more at Business Daily Africa…

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