Grindrod Bank's property division focuses on tailored financial solutions for both development and investment opportunities. We focus on traditional commercial and industrial property funding, which can extend to retail centres and office buildings. Our funding options range from traditional senior finance to higher leverage mezzanine debt –
- Traditional senior mortgage finance is offered where properties are geared up to a level of around 70% of bank value;
- Funding over and above this traditional level is considered mezzanine debt which is utilised to bridge the gap between the available equity and the traditional senior debt level.
We have offices in Durban, Johannesburg and Cape Town and are able to consider properties in most locations within South Africa.
Please get in touch should you have any queries.