DEALS | 21 APRIL 2021 Committed to delivering innovative funding for ground-breaking developments. Absa | Corporate and Investment Banking > Insights and Events > Committed to delivering innovative funding for ground-breaking developments SHARE It takes partners with strong foundations to build a brighter future. We’re proud to have successfully funded the Amdec Group for the construction of Harbour Arch, a mixed-use development comprising six residential towers. Absa CPF offers a broad range of commercial property finance solutions to help facilitate the development or acquisition of commercial properties, and to help businesses grow, which in turn, grows Africa. Our strong partnerships are made possible by a devoted team of property finance experts with comprehensive experience in structuring tailored and innovative financing solutions. We’re proud to have successfully funded the Amdec Group for the construction of Harbour Arch, Cape Town’s largest and most ambitious sustainable mixed-use development comprising six residential towers. This innovative precinct encapsulates the principles of new urban living, offering a safe, convenient, enjoyable and sustainable community-focused environment. The project delivered: R15 billion private investment into CBD real estate. R2.4 billion contribution to Household Income. R100 million city infrastructure upgrades. Over 20 000 jobs created during the construction process and thousands more post-construction via retail, hospitality, hotels, and restaurants. Harbour Arch’s multi-billion Rand development will also have a significant economic and socio-economic impact, injecting significant revenue into the city’s coffers as well as individual homes. We’re proud to help businesses unlock new opportunities in Africa. #AfricaExpertise Find out more about our Commercial Property Finance solutions Contact us https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles INSIGHTS SERIES NBFI Insights 2023 Our foresight assists your business' sustainable growth potential. We understand that expert insights create great impact when actioned with collaboration, one sector at a time. Read more FINANCIAL INSTITUTIONS GROUP Fintech We are committed to identifying and supporting fintech-related advisory opportunities. From facilitating mergers and acquisitions to capital raising in both public and private markets, our role extends beyond traditional banking boundaries. Read more INSIGHTS SERIES NBFI Insights As one of the largest funders of agricultural projects in sub-Saharan Africa, we are fortunate enough to have access to some of the most sophisticated farmers and agri-processing professionals on the continent. Couple this with the fact that we are one of the largest card issuers in South Africa and have access to data-rich consumer insights; we are uniquely positioned to track the journey of agriculture projects from farm to fork. Read more
