The Johannesburg Stock Exchange (JSE) is about to get its first property fund exclusively focussing on student housing.
The JSE’s real estate sector currently has a very small exposure to student housing.
The Money Show’s Bruce Whitfield interviewed Owen Nkomo of Inkunzi Investments about its intention to list its Inkunzi Student Accommodation Fund on the JSE.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
We’re assembling a portfolio purpose-built for students.— Owen Nkomo
These are decent properties.— Owen Nkomo
We have 6500 beds to start.— Owen Nkomo
Most of the stock is in Gauteng.— Owen Nkomo
We protect ourselves by having a diversified portfolio.— Owen Nkomo
At the end of the day after striking [#FeesMustFall] they need to go somewhere to sleep.— Owen Nkomo
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