Nedbank Corporate Property Finance has been voted the best Property Finance bank in the 2013 PwC South African Banking Survey.

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.

A change in the banking landscape in South Africa has seen the banks shift from focusing on interest income to non-interest income, with a strong focus on unsecured lending over the past couple of years. 

The latest developments in the competitive and changing retail landscape will be charted at the South African Council of Shopping Centres (SACSC) 17^th Annual Congress, the continent’s premier retail event.

Today saw the official launch of the Rugby development by the City of Cape Town, Nedbank and developer, Inframax.  

The introduction of non-bank lenders into the property market has been a boost for property investors, buyers and business owners. 

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.

Transformation within the property industry and the growth of the listed property sector in South Africa is set to receive impetus following the finalisation of a R45 million loan agreement between Nedbank Corporate Property Finance and Ascension Properties Limited.

Aucor Property has announced that the well known Nedbank Corner in Braamfontein will come under the hammer at its April Auction event

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.