Acorn Holdings is the premier developer, operator and asset manager of rental housing in Sub-Saharan Africa. They have been an established developer and manager of real estate for two decades and today, they have become the largest institutional investor in rental housing in East Africa.
The kind of rental housing assets they develop create like-minded communities within the city and therefore, you can expect that these rental yielding assets, will be there for generations, will stand the test of time and continue to pay dividends. As the city grows and as the economy of the country grows, rents can be expected to grow making the value of the assets grow over time.
As a result, there are many investors looking at residential rental housing including the Purpose-Built Student Accommodation (PBSA) and Private Rental Sector (PRS) sub-asset classes than ever before and the reason why they are attracted is because you get predictable cash flow, you get a good cash yield, and you get all the characteristics of rental housing from a downside protection perspective.