Standard Bank has entered into an agreement to provide Mauritius-based Lango Real Estate with a portfolio financing structure worth US$300 million.

This is the largest debt transaction of its kind in sub-Saharan Africa (excluding South Africa) and is also the first cross-country portfolio real estate financing deal on the continent.

This was a complex deal as assets had to be cross-collateralised into one structure spanning five jurisdictions, as well as numerous lenders and tea...