11 February 2020 Real Estate

Unemployment Insurance Fund and the Land & Agricultural Development Bank of South Africa

Cliffe Dekker Hofmeyr represented UIF, a fund provided by the South African Government for short term unemployment; and Land Bank, the specialist agricultural bank guided by a Government mandate to provide financial services to the commercial farming sector and to agri-business. 

Our Real Estate team advised these clients in the registration of various mortgage bonds and notarial general and special bonds.  This mandate confirms the big-ticket nature of many of the real estate mandates handled by our experienced team as well as the trust placed in our team by public sector entities active in the real estate sector in South Africa.

Team members instrumental in this transaction were Muhammad Gattoo, Mashudu Mphafudi (Banking & Finance) and Preshan Singh- Dhulam (Banking & Finance)