Respublica

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 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”), is an affordable student accommodation developer, owner and manager in South Africa. It is one of the largest private student accommodation providers in the country. Each residence offers a range of accommodation options, including stand-alone bedrooms with shared kitchens and common areas, multi-bedroom apartments and ensuite studios. The Company currently operates ~8,900 beds across South Africa. The facility tenants are mostly students from major public universities as well as other private universities and colleges, including South Africa’s major universities such as WITS University, University of Johannesburg, the University of Pretoria and Eduvos amongst others.  Since inception in 2011, Respublica has experienced significant growth and it is planning to expand its portfolio further through acquisitions and new developments. IFC intends to provide an equity of up to US$20 million, not to exceed 20% of total capital to support Respublica and its growth plans.