Following two months of hard lockdown, the development of a 2 047-bed student village at the University of Fort Hare (UFH) has resumed this week.
Students returning to university this month are once again facing the problem of insufficient and inadequate accommodation.
Indluplace Properties Limited, the only residential focused REIT listed on the JSE, today announced their Annual Results for the first full year since listing in June 2015 on the Main Board of the JSE.
It appears that the housing slump has bypassed university towns like Stellenbosch, Grahamstown and Potchefstroom on the back of strong growth in demand for rental stock.
An 18 room student residence, situated in the heart of Stellenbosch will go under the auctioneers gavel on 20 June 2013.
Three public REITs, with total market capitalization of $6.4 billion, focus on student housing. These REITs represent just 1.0% of the overall REIT industry.
The huge shortage of student accommodation and decent housing close to places of work has led to property group Citiq purchasing two sets of grain silos in Newtown, with the intention of converting them into residences.
Aengus Investment Properties expands internationally as emerging market student accommodation attracts investors' attention.
Aengus Investment Properties (AIP) is set to transform Port Elizabeth Central into a thriving mixed-use property node with the launch of its Oh!41 creative hub at Havelock Square in October
Universities throughout the country are faced with an ever-increasing problem as their students struggle to find suitable accommodation and many institutions have now reached student accommodation crisis levels. In Gauteng in particular, students are faced with a chronic shortage of safe, secure and affordable accommodation and this is fertile grounds for creating excellent investment opportunities to those willing to engage this market
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