The introduction of Real Estate Investment Trusts (REITs) in South Africa last year has already resulted in a wave of conversions of various property vehicles into this tax-efficient structure.

Nedbank Corporate Property Finance Regional Executive, Ken Reynolds, looks at the ins and outs of REITs.

A new era of best practice accounting disclosure and reporting standards for South Africa's REIT sector will be announced at the first ever SA REIT Conference in Sandton.

With rising operating costs and the economic slowdown, it is time for developers to explore the business case for green buildings further says Nedbank Corporate Property Finance Gauteng regional executive Ken Reynolds. 

Irene is growing into a major business hub that complements Centurion and Menlyn Park's business nodes as development continues in the area.

Illovo has earned the reputation of being one of the most desirable corporate addresses in Johannesburg, and demand remains high as its limited office space continues to be sought after by blue chip tenants.

The long-standing relationship between Nedbank Corporate Property Finance and leading SA property development and investment group, Billion Group, is once again delivering economic development opportunities in the Eastern Cape.

Nedbank Corporate Property Finance is playing a role in enabling growth and jobs in the vehicle manufacturing sector by funding the construction and refurbishment of a R230-million motor vehicle manufacturing facility for Iveco South Africa (Pty) Ltd, a joint venture between Iveco SA Works (Pty) Ltd and Larimar Group Limited, in Rosslyn, Pretoria.

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

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.