In conversation with Pieter Feenstra
FEENSTRA GROUP
investing. Many of the Group’s co-investors are dedicated to social impact. “We make a difference. We have an impact on the lower socio-economic levels in the country, and education is a big part of that,” Pieter states. However, this socially conscious mission faces practical challenges, particularly with the National Student Financial Aid Scheme (NSFAS). The NSFAS accommodation allowance helps students afford housing but does not fully cover the real cost
top end of the market,” he notes. “We think the demand and need are in the affordable housing market.” His focus on education and urbanisation has proven to be a sustainable business model. “Through Covid, through recessions, our inner- city portfolios, as well as our student accommodation, have been very little affected compared to other areas of the economy,” he says, contrasting it with the struggles of the retail and office sectors during downturns. This approach also aligns with the growing trend of impact
The Bolton Apartments in Rosebank
BCX in Highveld Techno Park in Centurion
October 2025 | Issue 141 | Asset Magazine 139
138 Asset Magazine | Issue 141 | October 2025
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