JSE gets its first ever student housing fund

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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