Tuesday, 22 February 2011 02:00

Nedbank funds affordable housing project

Nedbank Corporate Property Finance continues to demonstrate its commitment to the Affordable Housing market and the principles of Government’s integrated housing objectives

Towards the end of 2010, Bill Rawson, Chairman of Rawson Properties, said in an off-the-cuff comment that he could think of no better place for a South African with limited knowledge of world markets to invest in property right now than in South Africa itself

The Thorntree View Affordable Housing development in Soshanguve East, which is being developed by the Safrich Group of Companies, now offers almost double the number of stands that were originally planned, due to overwhelming demand

Nedbank Corporate Property Finance: Affordable Housing has provided R34 million funding for the installation of services and infrastructure and the construction of 428 sectional title homes in the Northern Suburbs of Pretoria.

Nedbank Corporate Property Finance: Affordable Housing has approved a loan facility to a subsidiary within the Safrich Group of Companies to install services and infrastructure for the construction of 192 homes in Riverlea, Soweto

Wednesday, 29 September 2010 02:00

Affordable housing scheme gets Nedbank support

The Cape division of Nedbank Corporate Property Finance announces the funding of a R50 million affordable housing development in Melkbosstrand, situated on the West Coast

An exciting opportunity in Rosslyn, Pretoria, is set to come under the Auction Alliance hammer on 14 July at the Sandton Southern Sun Hotel on Grayston Drive in Johannesburg

With the much anticipated “breaking of ground” at Sungate, situated at Hosea Kutako International Airport, Windhoek Namibia, the graders rolled onto site in March, signaling the starting point to this prestigious development

Thursday, 11 March 2010 02:00

Retailers extend their Namibia footprint

With stricter credit laws in place and an economy less affected by the recession than South Africa, Namibia's commercial property market has remained stable and resilient over the past year

The huge demand for housing in South Africa in the low to moderate income level, combined with declining rates and relative political and economic stability, continues to drive investment in the affordable end of the market.

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