Eos Capital invests in Namibian student accommodation
Eos Capital invests in Namibian student accommodation
Eos Capital, through the Namibia Infrastructure Development and Investment Fund, has invested in StudentStay.
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Eos Capital, through the Namibia Infrastructure Development and Investment Fund (NIDIF), has invested in StudentStay, a developer of two student accommodation buildings with a combined 752-bed capacity at the doorstep of the Namibia University of Science and Technology (NUST).
This investment is expected to transform the student accommodation landscape in Windhoek and play a crucial role in fulfilling NIDIF’s mission to develop economic and social infrastructure assets in Namibia.
Despite the increasing demand for student housing, Windhoek faces a scarcity of purpose-built student accommodation infrastructures, with only three currently in existence.
Frederico Van Wyk, Eos Capital’s CIO commented, “We will be hosting the future leaders of Namibia. Everyone deserves equal opportunity, and when we set out to design the assets, quality and affordability were at the centre of our philosophy. StudentStay will be an extension of NUST’s tertiary training, creating a safe and conducive environment for learning. Seeing these buildings take shape in the nexsis of the campus has been an absolute privilege to have made happen.”
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