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- AngloGold appoints Nedbank CIB as sole underwriter | Nedbank CIB
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Nairobi's iconic PwC Tower is backed by Nedbank CIB
Learn about Nedbank CIB's pivotal role in financing PwC Tower, Nairobi's premier business address.
Nedbank Corporate and Investment Banking (CIB) played a pivotal role in refinancing the PwC Tower through its Property Finance Africa division. As the sole lender and debt provider, Nedbank CIB structured a US$20.3 million term loan facility to support this state-of-the-art commercial office building.
'Our involvement in the PwC Tower project reflects our commitment to purpose-driven growth across Africa. By aligning our financial expertise with our client's strategic vision, we've helped refinance a landmark development that supports innovation, enterprise, and an evolving commercial business district in Nairobi,' says Linda Mothibe, Principal of Property Finance Africa at Nedbank CIB.
Nairobi's premier business address
Located at the intersection of Waiyaki Way and Chiromo Road in the heart of Westlands, the PwC Tower stands as a beacon of commercial property excellence in Nairobi. This Grade A office space is more than just the headquarters for PwC Kenya; it's a cornerstone of Nairobi's transformation into a regional financial and innovation hub.
With its modern infrastructure, strategic location, and top-tier tenants, the PwC Tower is redefining office leasing and commercial real estate in East Africa, attracting multinational firms, fostering innovation, and creating employment opportunities.
As Nairobi continues to grow as a business and innovation hub, the PwC Tower anchors the city's corporate skyline. Its presence elevates the standard for commercial property and reinforces Nairobi's reputation as a destination for global and regional firms seeking premium office space solutions.
Commitment to financial expertise and client success
At Nedbank CIB, our relationships with clients are built on supportive partnerships. We align with their strategies and apply our financial expertise to deliver successful outcomes in a sustainable way. This philosophy guided our involvement in the PwC Tower project, ensuring our client could continue supporting tenants while navigating macroeconomic challenges.
Nedbank CIB Property Finance Africa specialises in structuring deals that meet our clients' unique needs. Our ability to provide tailored real estate financing solutions positions us as a trusted partner in property management and investment across the continent.