Nedbank stands out in South Africa’s real estate sector through its focus on sustainability, technology and diversified funding solutions.
From August 2024 to August 2025, the bank originated 588 property finance transactions in the country, with total loans and advances for the South African lending book amounting to R185.9 billion ($10.9 billion). Nedbank also completed 27 equity and mezzanine investments to support developments that required funding beyond traditional lending.
Nedbank secured a $200 million facility from the International Finance Corporation to grow lending for certified green buildings in South Africa, including incentives to offset certification costs. By May 2025, 128 projects worth R28.5 billion had achieved recognised green certifications, including Mall of Africa, the largest shopping centre globally to obtain Edge Advanced status. Certified projects deliver measurable benefits in energy and water efficiencies.
Technology-driven tools have strengthened risk management and improved operational efficiency
Technology-driven tools have strengthened risk management and improved operational efficiency. Nedbank’s Climate Risk Tool mapped approximately 6,000 South African properties against historic climate data to assess exposure to hazards such as flooding, hail and wildfire.
Meanwhile, a partnership with AI company OpenSpace enables remote site monitoring through AI-generated 360° visual walkthroughs, reducing travel costs and speeding up issue resolution for large-scale projects. Additional innovations, including Pi20 and CIW, streamline valuations, cutting turnaround times and improving transparency. The Climate Risk System developed in-house captures and calculates financed emissions for the property portfolio.
