Vividend Income Fund’s (Vividend) recent acquisition of the R790 million Vusani portfolio, financed by Nedbank Corporate Property Finance, reaffirms bank’s position as the market leader in the commercial property finance industry

On the face of it the proposed listing of a new property loan stock company, Vividend, is what the sector needs. Its small initial property portfolio, worth R425m, won’t attract the big institutions that dominate listed property.