Friday, 15 August 2003 02:00

Nedbank buys stake in Capegate.

Nedbank has bought a stake in the R800 million Capegate mixed use development on the N1 in Brackenfell, another sign of financier bullishness about the South African property market - particularly the retail sector.

THE resurgence of investor interest in the Cape Town central business district has contributed to a growing demand for diverse space in the areas immediately adjoining the CBD and indications are that this will continue on an upward trend.

Monday, 02 December 2002 10:01

Bank to invest R28m in Joburg CBD.

Last week, FNB announced that it is investing R28-million in the Johannesburg CBD with the development of a car parkade, which will form part of the bank’s BankCity complex.

 

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