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Nedbank Corporate and Investment Banking provides customised solutions for the funding of equity investments, with a focus on financing BEE-related transactions.
Nedbank Corporate and Investment Banking offers preference share and dividend-yielding investments for corporates, institutions and qualifying individuals, backed by dedicated service and superior expertise.
The Preference Share Division (“PSD”) consists of a highly qualified and specialised team which:
+27 11 294 3271
The numbers speak for themselves. With an approximate market share of 40% in South African commercial, industrial, residential and retail property finance, Nedbank CIB Property Finance’s extraordinary value proposition and strong client-focused approach are undoubtedly paying off. On the back of these figures, the Property Finance Africa team has their sights firmly set on creating a ripple effect of this success across the African continent. In a broader context, this aligns well with Nedbank Group’s vision of becoming the most admired financial services provider in Africa.
The Property Finance Africa team understands that, to achieve this goal, a measured, patient and prudent approach is required due to the unique nuances of the African market. The team’s approach is being client-centred, structuring highly innovative funding solutions and providing sustainable value to transaction partners and development stakeholders. This approach is bearing fruit based on a number of property finance deals that have been concluded or are nearing completion in various African countries.
Property Finance Africa’s key-focus subsectors include retail, commercial buildings, light industrial developments and select residential developments. As part of a solutions-driven business, the team offers customised financial solutions to developers, property funds and private investors. What differentiates Property Finance Africa from competitors is the team’s thorough understanding of the political, economic, regulatory, tax and legal environments of the various countries.
Most recently Property Finance Africa closed its first real-estate transaction in Nairobi, Kenya. The transaction sponsors were Impact, a specialist investment company that focuses on warehousing and logistics in sub-Saharan Africa. This transaction comprises a USD21,5 million funding package for infrastructure and the phase 1 construction of the Nairobi Gate Industrial Park.
In another success story, Property Finance Africa recently closed a transaction in Kenya for a subsidiary of Centum Investment Company plc, East Africa’s leading investment company. The team concluded a USD65,65 million refinancing deal for the Two Rivers precinct, consisting of 1,5 million developable square metres.
It is clear that Property Finance Africa is fast becoming a continental force that breaks borders through excellence.
Cape Town | +27 21 416 7000 |
Durban | +27 31 364 1111 |
Gauteng and Bloemfontein | +27 11 294 4444 |
Pretoria | +27 12 436 7000 |
Eastern and Southern Cape | +27 41 398 8000 |
Nedbank Corporate and Investment Banking provides customised solutions for the funding of equity investments, with a focus on financing BEE-related transactions.
Nedbank Corporate and Investment Banking offers preference share and dividend-yielding investments for corporates, institutions and qualifying individuals, backed by dedicated service and superior expertise.
The Preference Share Division (“PSD”) consists of a highly qualified and specialised team which:
+27 11 294 3271