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Vukile Property Fund’s environmental, social and governance (ESG) journey has received a boost after it  concluded a five-year, R200m green loan with Nedbank Corporate and Investment Banking (CIB).

The green loan is a form of financing that enables borrowers to use the proceeds exclusively to fund projects that are making a substantial contribution to an environmental objective. Vukile will use the money to fund the installation of solar panels in its shopping centres...

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