Nedbank Property Finance recently provided R500 million finance for the development of a 303-room three star Stay Easy Hotel and a 202-room four star Sun Square Hotel, both of which will be operated by the Tsogo Sun Holdings. Group

Nedbank Property Finance has granted finance of R323 million to FPG Group for the purchase of the Cape Gate Lifestyle precinct from Hyprop, Africa’s leading specialist shopping centre Real Estate Investment Trust (REIT). 

Nedbank Property Finance has again shown its confidence in and support of proven developers by granting a total loan of R1.35 billion to Attacq Waterfall Investment Company (Pty) Ltd (AWIC) for three new developments in the Waterfall City Precinct in Midrand, Gauteng.

Nedbank Commercial Property Finance loan enables Emira Property Fund to strengthen portfolio.

Nedbank and GBCSA’s Green Tool on course to revolutionise SA’s property sector.

The Green Star SA Existing Building Performance Tool assesses the environmental performance of existing buildings in operation.

Nedbank continues its commitment to the development of areas outside South Africa’s major centres, this time in partnership with Neotrend Khala Cose Developers (Pty) Ltd for the first phase of a new value centre in Secunda, Mpumulanga.

According to the Department of Higher Education's Ministerial Review of South Africa's University accommodation, less than 10% of first-year university students can be accommodated.

Managing executive of Nedbank Corporate Property Finance, Robin Lockhart-Ross, says his credo is only to lend to 'serious' people with proven financial track records.

The growing number of workers moving to new corporate offices in Sandton has created an opportunity for property companies to develop housing for the upper end of the market.

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