Citiq Group Recruitment

The Heher Commission of Enquiry, proposed options for student accommodation development to cater for between 50% and 80% of the student population; and estimate the cost and time  to be R147 billion over a 15-year period. Thereafter an estimated annual growth of 5% is required per annum to e... read morensure additional demand is covered. This doesn’t begin to consider the R2.5 billion to cover a backlog in maintenance or a further R1.9 billion to update existing residences so they are fit-for-purpose.

The solution for government alone is near to impossible. Thus, the real solution is a combination of:

• Private Finance development and operation
• Public Private Partnerships
• Private  Partnerships, and
• Precinct Development