Home » Tag Archives: RMB Westport

Tag Archives: RMB Westport

FirstRand Bank property unit raises N50b for property development in Nigeria, others

FirstRand Bank property unit raises N50b for property development in Nigeria, others

FirstRand Bank Ltd said the property unit of its investment banking arm has raised $203 million (about N50billion) for its Real Estate Development Fund (REDF) aimed at developing real estate assets in Nigeria and other West African countries. Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading South African corporate and investment bank and part of ...

Read More »

Johannesburg’s RMB Westport set to invest $250million in Nigeria’s real estate

In an unprecedented move, Johannesburg-based RMB Westport, South Africa’s second-largest financial-services company, announced the property unit of its investment banking arm has raised $250 million to develop real estate in West Africa. The initial sites will be in Nigeria, Ghana and  Angola. Retail and mixed-use development will be the primary objective. Africa currently has strong demand for high-grade retail and ...

Read More »
https://nigeriarealestatehub.com/wp-content/uploads/2023/09/terrapy-3.0-banner-900-X-90-scaled.jpg