Middle East & Africa

Privately owned property developer Alleyroads has acquired a portfolio of sectional-title units and student accommodation from Pulse Property for R1.2bn as it expands its assets, especially in the lucrative tertiary education residential market.

Kenya Railways Corporation (KRC) plans a student hostel in Nairobi with a minimum of 2,500 beds in a strategy to widen its revenue streams. The hostel would be built next to the Technical University of Kenya campus and the proposed Central Station complex.

State-owned National Housing Corporation (NHC) plans to expand into student accommodation as part of diversifying its revenue streams under its draft strategic plan. The lead implementer of government housing projects says it is initially looking at putting up 5,000 student hostel unites in five years. 

In this Inbound Insight series article, we look at the shifting patterns in Nigerian outbound student mobility and explore the priorities of this student cohort when...

The National Student Financial Aid Scheme (NSFAS) has appointed Errol Makhubela as the new executive for Core Business, effective from December 1. Makhubela, who is now the Chief Operations Officer (COO), will form part of the NSFAS executive management in charge of student applications support, quality assurance, support services, and value-added support for an optimal student experience.

The R1.4 billion co-investment development of the Cape Town station includes the construction of student accommodation with 3 200 beds for NSFAS-eligible students. The project also includes the redevelopment of the 7 000 square metre retail precinct to improve foot traffic and commuter experience.

Zuid-Afrika's grootste vastgoedbedrijf Growthpoint gaat tot 2026 ongeveer 1,2 miljard rand ($63 miljoen) investeren in studentenhuisvesting, omdat het bedrijf rekent op een stijgende vraag vanuit de sector om een terugval op andere gebieden deels te compenseren.

The decision by the National Student Financial Aid Scheme (NSFAS) to cap residential allowances for university students has short-changed Growthpoint’s student accommodation division, forcing it to rethink its exposure to lower-income students funded by the scheme.

The Infrastructure Development Bank of Zimbabwe (IDBZ) said yesterday it was planning to build multi-million dollar hostels at Lupane State University under a Public-Private Partnership (PPP) arrangement to alleviate accommodation shortage for students.

The National Student Financial Aid Scheme (Nsfas) says it is engaging private accommodation service providers across the country, and has added an additional 3 000 beds this month.