The decision by the Monetary Policy Committee to increase interest rates may be unfortunate for the commercial property sector.

Nedbank Corporate Property Finance has extended its property portfolio base with a R150 million investment into property investment development fund, Pivotal Property Fund.

Globally, boardrooms are being held to account for their sustainability, ethics and social contribution

Newcastle Mall triumphed to win the sought-after Spectrum Award for the best overall development in 2013 in the South African Council of Shopping Centre's (SACSC) Retail Development and Design Awards (RDDA) 2013.

Wednesday, 25 September 2013 17:34

Green buildings can deliver unexpected savings

Apart from the obvious environmental benefits, the advantages of sustainable building design, construction and operation are becoming increasingly evident in all areas of business, most notably the bottom line.

While speakers from around the world will share insight into global retail innovation at the 17th annual Congress of the South African Council of Shopping Centres (SACSC) this week, some of the most inspiring retail success stories will come from right here in South Africa.

Nedbank Corporate Property Finance solid financial results in H12013 underpin MD Frank Berkeley’s confidence that there are opportunities for those developers and financiers that know where to look for them.

Atterbury has announced it is developing the 120,000sqm Mall of Africa, for R3.5 billion – South Africa’s largest single-phase shopping mall development to date – financed by Nedbank Corporate Property Finance.

In keeping with its business philosophy of providing funding and support solutions that realise opportunities for its clients, Nedbank Corporate Property Finance has concluded a R144 million loan agreement with Atterbury for the development of the Waterfall Corner Retail Centre. 

Nedbank Corporate Property Finance has concluded a loan agreement worth R144m with Atterbury for the development of the Waterfall Corner Retail Centre.

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