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In the property finance market it is important to have the right partner whom you can trust. Turning clients’ potential into success is our purpose.
 

We invest equity alongside our clients into high-growth developments or existing properties with inherent value upside. We are also able to provide mezzanine funding to supplement the senior debt offering.
 

This equity capital and mezzanine finance enable our clients to accelerate the growth of their property business.

This could entail supplementing the senior debt of the transaction with a portion of mezzanine funding and/or co-investing with you as a property developer and investor.

Our team of experienced banking and property professionals evaluate every transaction with the view to securing positive outcomes for property developers and investors. Our extensive experience across the spectrum of commercial property types, as well as our networks in the market, enables us to provide unique and strategic solutions for property development and investment.

Besides the assurance of having a partner with significant market experience, we also provide value in the following ways:

• the facilitation of leveraged return, growth and risk mitigation ambitions;
• access to broad networks, extensive exposure to the property market and a flexible approach to structuring transactions that facilitates profitability; and
• diversification of risk for investors through equity participation.

Masingita

Masingita Property Investment Holdings (MPIH) is a partnership between Khulemani Masingita Holdings and NPP. MPIH is involved in retail and residential developments throughout South Africa, and has completed a number of retail developments across the country, ranging from 15 000m² and 50 000m² in gross leasable area and a 15-storey (173 apartments) luxury high-rise residential development in Morningside, Sandton.

The Newmarket Precinct

The Newmarket Precinct is an upmarket, mixed-use development node in Alberton, spanning 77 hectares of prime land, undertaken in a joint venture between Rejem Property Development and Linton Projects (a Nedbank subsidiary). The Newmarket Precinct is home to the 42 000m2 Mall at Newmarket, featuring anchor tenants such as Checkers Hyper, Food Lover's Market, Virgin Active gym, Builder's Warehouse and Dis-Chem including a 430-bed flagship Netcare hospital. Other tenants include a Makro of 19,000m2, Decathlon, Altron’s NuPay offices and the new MediMix.

The POD Fund

NPP holds a strategic stake in the POD Property Fund, an unlisted capital growth real-estate company founded by Abland, Safika and Nedbank in 2013. The fund undertakes direct developments while leveraging off the development skills of Abland and other developers. Fund property assets include A-grade retail, office, industrial and ancillary motor developments.

Burgundy Estate

This successful joint venture with the Rabie Property Group has to date developed and sold more than 900 residential units in Burgundy Estate, Western Cape and continues to maximise the potential of this lifestyle estate by creating, desirable, value-for-money, product offerings.
 

Legacy

NPP embarked on a strategic investment with the Legacy Group to develop a landmark mixed-use development, the Leonardo, in the heart of Sandton. The Leonardo was completed in 2020 and is 234 metres high and 55 storeys tall, comprising of residential units, five floors of offices, a conference and event centre, restaurant, spa, gym and ancillary retail stores.