This has prompted investors to develop privately-owned student accommodation to bridge the gap between the increasing demand for student accommodation and what can be provided by higher education institutions. South AfricaOne of the most prominent student housing developers in South Africa is República Group, which owns and operates student living and management services assets. Another South African student housing developer is Eris Property Group, a real estate developer and fund manager operating purpose-built student accommodation. KenyaIn the East African market, higher education institutions are experiencing an acute shortage of student housing. The private market has become increasingly instrumental in the development and growth of the student housing sector.

Source: The North Africa Journal July 22, 2023 08:43 UTC