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.

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

Nedbank Corporate Property Finance has approved a R1.1 billion loan to the HBW Group to restructure and finance one of the largest assets in their portfolio, the Bedford Retail and Commercial Precinct, which is made up of the Bedford Centre and Bedford Square in the heart of Bedfordview, Johannesburg. 

Nedbank Corporate Property Finance has granted R42-million to J Post Investments, 100% owned by Capstone Property Group, for the purchase of Media Mill office park, located in Braamfontein, Gauteng.

Nedbank Corporate Property Finance announced today it will provide funding to the tune of R1.721 billion for the development of a new regional shopping mall in Port Elizabeth in the Eastern Cape.

By November 2013, the fast-growing community of Tembisa in the East Rand will enjoy convenient access to a host of national stores and local retailers, thanks to the development of the Tembisa MegaMart, for which Nedbank is providing  R238 million funding.

Nedbank has approved a R150 million loan to Proventus Property (Pty) Ltd, providing takeover finance for a R310 million portfolio of properties within the group. 

Leading black-owned IT distribution group, MB Technologies (MBT), is to acquire a turn-key development for its operating companies through custom finance supplied by Nedbank Corporate Property Finance. 

Nedbank Corporate Property Finance has successfully concluded a R1.36 billion finance agreement with Billion Property Developments that will see the construction of the new 73,588 m² Forest Hill Shopping Centre in Monavoni, Centurion. 

The conclusion of a R105 million finance agreement between Nedbank Corporate Property Finance and Amit Katz of Sunwood Capital will see the well-known SA brand, House of Busby, moving into a new 20 000m² premises in Gosforth Industrial Park, Johannesburg, towards the latter part of 2013.

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