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Breaking into any market can be challenging but the property development sector is particularly notorious. One of the core challenges is securing development finance. In most cases new developers are seen as too high a risk and therefore struggle to garner support from traditional financial institutions.
To secure the future of property development in South Africa, it is necessary to support new developers, as well as bring more female developers into the fold. The development industry needs to examine the it does business and take steps to create a more inclusive future.
In this webinar Estate Living is joined by Mothusi Letlaka and Sias Scott from Urban4Site, Benjamin Moses of SA HomeLoans ( Property Development Fund) and Karl Bishop Head of Santam Real Estate as we look at what is required, the financing solutions available, and what support structures are available for new developers who are the future of property development in South Africa.
