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View the deal overview in this quick video:

Highlights:

  • R150 million investment by Stac 2018 and Stac 2019 across three new student accommodation businesses in Stellenbosch, one of SA’s most prominent university towns
  • The investment benefits from strong capital and income underpins, providing an attractive risk-adjusted return to investors in the Westbrooke Stac fund
  • Partnering with the Abacus Group, a diversified and highly experienced property investment group with operations across South Africa
  • Total development cost of R600 million – funded by Abacus, Westbrooke Stac and major South African banks

 

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