Housing Finance

Government pension fund pours R10.5bn to boost Affordable Housing

The Government Employees Pension Fund (GEPF), SA's largest pension fund, has approved R10.5 billion facility to lender SA Home Loans, in-order to boost government employees and the public access to housing.

Western Cape housing project showcases role of PPPs in social housing

The recent launch of the Belhar Social Housing Project in the Western Cape showcases the role that Public Private Partnerships (PPPs) can play in facilitating the provision of social housing, which provides housing solutions for low to middle-income families in more central areas.

DBSA funds R300m student accommodation at UNIVEN

The University of Venda (UNIVEN) will soon be able to accommodate more students, thanks to a R300-million loan agreement from Development Bank of Southern Africa (DBSA) for the construction of student accommodation.

European Investment Bank injects R2bn towards SA affordable housing development

The European Investment Bank (EIB), Europe’s long-term lending institution, has agreed to provide a further R2 billion (EUR €150 million) for investment in affordable and social housing in South Africa.

Nedbank addresses needs of the ‘gap’ market by financing Clayville Rental Project Development

Nedbank has entered into an agreement with Central Property Developments Johannesburg (PTY) Ltd (a subsidiary of the well known Cosmopolitan Group) to fund a rental housing development in Clayville in the Midrand Gauteng.

Nedbank benefits from home loans division

Nedbank Group, one of South Africa's so-called "big four" banking groups. After shunning the retail sector several years ago, Nedbank is finally benefiting from a remarkable R700m turnaround in the home loans division, among others.

Nedbank finances student accommodation development in Rosebank, Cape Town

Nedbank Corporate Property Finance provided R25 million finance for an upmarket student housing development in Rosebank, Cape Town that was completed last month.

Nedbank provides funding for affordable housing development in Vanderbijlpark

Nedbank Corporate Property Finance: Affordable Housing today announced that it has provided funding to MDV Developments for its Lakeside development in the greater Vanderbijlpark area.

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