The South African multifamily residential rental sector is emerging as a formidable asset class for institutional real estate investors
The pilot study area consists of almost 1 000 properties located in four sites in Makhaza, Khayelitsha.
Investor interest in affordable housing for lower-income households has grown considerably in Africa over the past 10 years.
JSE-listed construction group Basil Read’s newest residential development in Johannesburg is the latest show of interest for the affordable housing market, which is gaining the attention of government and the private sector.
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