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Growthpoint Student Accommodation expands with R1.5bn boost

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Manage episode 415553189 series 2915042
Innhold levert av Kaya 959. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Kaya 959 eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
GUEST – Amogelang Mocumi, Fund Manager of Growthpoint Student Accommodation
It has been two years since property developer Growthpoint launched its student accommodations. Since then, Growthpoint Student Accommodation Reit has invested R1.5 billion in new investments in the alternative property sector.
Established in December 2021 by Growthpoint Investment Partners, the co-investment arm of JSE-listed Growthpoint Properties, the Reit specialises in investing in strategically located student accommodation designed to support students. Growthpoint has added 4 000 new beds for students, expanding its portfolio value to approximately R3.5 billion. This includes 12 residences with 9 000 beds across Cape Town, Johannesburg, and Pretoria. With two new developments in progress, it anticipates increasing its beds to 10 400 for the 2025 academic year. Kaya FM
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168 episoder

Artwork
iconDel
 
Manage episode 415553189 series 2915042
Innhold levert av Kaya 959. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Kaya 959 eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
GUEST – Amogelang Mocumi, Fund Manager of Growthpoint Student Accommodation
It has been two years since property developer Growthpoint launched its student accommodations. Since then, Growthpoint Student Accommodation Reit has invested R1.5 billion in new investments in the alternative property sector.
Established in December 2021 by Growthpoint Investment Partners, the co-investment arm of JSE-listed Growthpoint Properties, the Reit specialises in investing in strategically located student accommodation designed to support students. Growthpoint has added 4 000 new beds for students, expanding its portfolio value to approximately R3.5 billion. This includes 12 residences with 9 000 beds across Cape Town, Johannesburg, and Pretoria. With two new developments in progress, it anticipates increasing its beds to 10 400 for the 2025 academic year. Kaya FM
  continue reading

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