43199
RESPUBLICA STUDENT LIVING (PTY) LIMITED
Feb 9, 2022
South Africa
Africa
Aug 6, 2021
B - Limited
Active
Sep 30, 2022
Regional Industry - MAS Africa
other
Approved : Aug 6, 2021
Signed : Nov 25, 2021
Invested : Feb 22, 2022
other
The proposed IFC investment seeks to support Respublica Group (Pty) Ltd (“Company” or “RG”), a holding company that owns a 100% stake in each of Respublica Student Living (Pty) Ltd (“RSL”) and Respublica Management Services (Pty) Ltd (“RMS” or “Manco”). The Company is a leading student accommodation provider operating ~8,900 beds across South Africa. The Company is raising $34m initially with approximately US$23 million additional commitments. The initial commitment will allow the company to reduce the current debt raised to consolidate all its assets under RSL, and also to grow its portfolio through greenfield developments and conversions.
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Local Access of Project Documentation
Respublica Group (Pty) Limited
Silverstream Business Park
Building 1, Ground Floor
10 Muswell Road
Bryanston, Johannesburg, 2191
South Africa