Improvon

Improvon is a real estate investment company operating across sub-Saharan Africa, specializing in providing tenants with A-grade warehousing, distribution, and logistics facilities tailored to clients' specifications. Established in 1995, the company has developed and leased over 1.3 million square meters of logistics properties, becoming one of the region's largest unlisted players in the sector. The founders remain active in the business, supported by a strong executive team, and 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 optimization, and better cost control.

In 2017, Improvon partnered with Actis, a leading investor in growth markets, to expand its operations beyond South Africa into key logistics and warehousing hubs in Zambia and Kenya. This partnership has enabled Improvon to leverage Actis' extensive growth market experience and access to capital, facilitating quicker execution on clients' unique requirements. The company's portfolio now includes properties in the Western Cape, Mpumalanga, North West, Kenya, and Zambia, with over 600,000 square meters of strategically located land for future development.

Improvon's investment strategy focuses on the development of retail, office, and industrial assets in dynamic cities across Africa. Over the past decade, the company has invested in assets valued at $1.4 billion on a gross asset value base. The company's approach emphasizes owning and managing the entire value chain, ensuring projects are completed on time, within budget, and to specification. With a team of more than 80 sector experts, Improvon continues to be a significant player in the logistics and warehousing development sector in sub-Saharan Africa.