westbrooke stac announces our new partnership with abacus

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