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French investors back West Africa real estate fund in $25m capital raise

Reported by Greenstreetnews
Oct 15, 2026· 2 min read
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Key Takeaways
  • • French investors, including named LPs Jérémie Delecourt, Aude Grant and Dominique Ozanne, are backing a West Africa real estate fund in a $25 million capital raise, according to Green Street News.
  • • The fund's focus spans hotels and leisure, office and broader real estate investment across the region, per the article's sector tags.
  • • The source article is paywalled, so the full fund name, manager, target size and close details could not be verified from the primary text.
  • • The raise reflects continued French LP interest in African real estate, a segment that has drawn development finance and impact-oriented capital.
Summary
Green Street News reported on 15 October 2026 that French investors have committed to a West Africa real estate fund in a $25 million capital raise. The article names Jérémie Delecourt, Aude Grant and Dominique Ozanne among the limited partners backing the vehicle. The publication tags the story under hotels and leisure, office and fundraising, indicating the fund targets commercial and hospitality real estate in the region.

The primary article is available only to subscribers of Green Street News' UK/Europe coverage, so the full text, fund manager, strategy, target size and closing timeline are not confirmed here. Readers should consult the original report for those details before drawing conclusions about fund structure or return expectations.

The raise sits within a broader pattern of European and French capital flowing into African private markets. Related publisher coverage in the same period documented French development finance participation in pan-African funds, including Proparco's USD 17.25 million commitment to the Alterra Africa Accelerator Fund, and AfricInvest Europe's €50 million first close for its third French-African fund. These references are context only and do not describe the West Africa real estate vehicle itself.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Greenstreetnews French investors back West Africa real estate fund in $25m capital raise