Nedbank funds retail investments

Posted On Thursday, 24 March 2011 02:00 Published by
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Nedbank Corporate Property Finance: Gauteng has funded the development and refurbishment of various properties within the Twin City portfolio located in Mpumalanga and Limpopo

Ken Reynolds






The flagship shopping centre in the group, Blue Haze is the largest shopping centre in the Mpumalanga and Limpopo region.  The centre has been developed in phases, a total of nine, all of which are complete and have been financed by Nedbank.

Other developments that Nedbank Corporate Property Finance has financed in the portfolio include the Turfloop Centre, Mangkweng Centre, Bushbuckridge Centre and the Burgersfort Centre in Limpopo.

Ken Reynolds, divisional executive of the Gauteng division of Nedbank Corporate Property Finance said that Nedbank elected to get involved in this development due to the calibre of Twin City Developments. “Nedbank is proud to be associated with this project in conjunction with Twin City, their contractors and professional team, who all contributed to the success of this development.  The team was able to complete construction within 10 months, despite severe weather and site drainage conditions, which is to be commended.”

Last modified on Monday, 12 October 2015 15:12

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