Real Estate Investment Trusts (REITs) have been gaining traction in Africa as a vehicle for real estate investment. REITs allow investors to pool their capital to invest in a diversified portfolio of real estate assets. This investment structure provides an opportunity for both small and large investors to participate in the real estate market without directly owning properties.

One example of a successful REIT in Africa is Growthpoint Properties, which is the largest REIT in South Africa. Growthpoint Properties has a diversified portfolio of high-quality commercial and industrial properties, and it has been a significant player in the African real estate market.

Another example is Grit Real Estate Income Group, which is a pan-African property investment company focused on investing in a diversified portfolio of assets across the African continent. Grit has investments in several African countries, including Mauritius, Morocco, Mozambique, and Kenya.

REITs in Africa have the potential to attract both local and international investors looking to gain exposure to the continent's real estate market. As the real estate sector continues to grow in Africa, REITs offer an efficient and transparent way for investors to access this market.