It has been said that a truly successful and innovative business strategy is not a solo sport, and indeed this notion holds true with regards to the recent partnership between two of South Africa’s most prominent players in the rural and urban retail property sectors. 

In possibly the strongest demonstration of its commitment to the retail and previously disadvantaged sectors, Nedbank not only provided the R255 million finance for the building of the new Protea Glen Mall in Soweto, but has also taken an equity stake.