US EditionIFC Commits $58 million to Balwin Properties for Affordable, Green Housing Development - Innovation Village | Technology, Product Reviews, Business
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IFC Commits $58 million to Balwin Properties for Affordable, Green Housing Development - Innovation Village | Technology, Product Reviews, Business
Balwin Properties, one of South Africa’s leading residential developers, is set to build over 16,000 affordable homes near Johannesburg with the backing of a ZAR 1 billion (approximately $58 million) investment from the International Finance Corporation (IFC). The funding, issued as a local currency loan, will support the construction of Mooikloof City, a large-scale housing development located east of Pretoria. Mooikloof City will consist of 16…
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