Growthpoint spends R1.2bn on student housing for 2024-26 academic years
Strong fundamentals and limited supply make this alternative asset class attractive for investors
18 August 2023 - 05:00
SA’s first unlisted fund, Growthpoint Student Accommodation Reit, which hopes to grow from R2bn in 2021 to R12bn, has invested about R1.2bn in property development projects for the next three academic years.
The Reit is targeting a listing in seven years to create liquidity and attract more capital from institutional investors, investment holding companies and family offices...
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