Middle East & Africa

Real estate opportunities in Nigeria: Student housing and looking beyond Lagos

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How we made it in Africa asked Olaide Agboola, CEO of Purple Real Estate Income Limited, about opportunities in Nigeria’s property sector. Here are slightly edited highlights from the exchange.

Over 50,000 international students register for ‘Study in Saudi Arabia’ program

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RIYADH — The Ministry of Education confirmed that the number of international students who have registered for the new ambitious educational program titled ‘Study in Saudi Arabia’ has reached more than 50,000.

Saudi Arabia: New Student Visa Forthcoming

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In an effort to develop Saudi Arabia’s education sector and attract foreign talent, the Council of Ministers has announced a ‘Study in Saudi Arabia’ program and a new self-sponsored student visa category which is expected to be available to nationals of over 160 countries.

8B Education Investments launches $111,600,000 initiative to Finance African Student Education

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By NNPA Newswire (NNPA) – 8B Education Investments, which built the first platform that connects high-potential African students with world-class colleges and universities and the tools needed to level up their applications and financial options, announced a partnership with Nelnet Bank to origin

Growthpoint Student Accommodation REIT readies to open 3 new residences for the 2023 university...

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Growthpoint Student Accommodation REIT is opening three new university student residences in time for South Africa’s 2023 university academic year – Peak Studios near the University of Cape Town, Brooklyn Studios alongside the University of Pretoria, and Apex Studios at the entrance of the Unive

Student hostel developers reap on high demand

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Developers of purpose-built student accommodation (PBSA) are enjoying higher returns compared to those specialising in prime residential homes, driven by high demand for hostel space in the city.

Student accommodation investment platform to provide 5 144 beds by 2024

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Eris Property Group has raised an additional R400 million for its social impact student accommodation company, South African Student Accommodation Impact Investments (SASAII), raising the total capital commitment to over R1.27 billion.

Request for Proposals: City of Joburg relaunches Property Release Programme with 11 properties

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The City of Johannesburg has announced the re-establishment of its Property Release Programme with 11 properties worth R2 billion in investment value. The properties will be released to the private sector for mixed-use development across the City’s regions in a phased approach.

Keller completes foundations for landmark Cape Town redevelopment

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The R1.3 billion (£65 million) landmark development, known as Cape Station, will include a 3,085-bed, purpose-built student accommodation block, 6,700m2 of retail space and a new public square with landscaped gardens and artwork to encourage tourist engagement.

US$30 million for Lupane State University students accommodation

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THE Infrastructure Development Bank of Zimbabwe (IDBZ) has released US$30m for the construction of Lupane State University student accommodation and work has already begun in earnest on the seven-hectare piece of land as the government forges ahead with infrastructure development at all State univer
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