Botswana’s real estate firm Letlole La Rona Limited (LLR) has signed a deal to acquire a 30 percent stake in Orbit Products Africa’s manufacturing facilities in Mlolongo at an initial cost of $7.23 million (Sh842 million).
LLR will buy the stake from Mauritius-based Grit Real Estate Income Group which in March completed the purchase of the asset from businessman Sachen Chandaria in a multi-billion-shilling transaction.
