Octodec Investments delivered strong growth in distributions of 14,8% for the year representing an income yield of 8,3% with a total return of 11,7%.

High volatility in SA's listed property sector over the past year has largely been blamed on rising bond yields, which conventional wisdom says is bad for property returns. 

Fountainhead Property Trust declared a distribution for the 11 months to 31 August 2013 in line with market guidance and 2% down on its distribution for the comparable 11 months in 2012. 

The R223 billion South African listed property sector’s underlying property and fund fundamentals are showing improvement, despite the recent bond-driven share price volatility on the JSE Real Estate Investment Trust (REIT) board.

Fairvest Property reports that it has achieved its forecast distribution of 6c per linked unit for the year ended June 2013.

South Africa’s listed property sector soared 5% during the week ending 13 September 2013, significantly outperforming both the equity and bond markets. 

Listed Property Sector Results Highlights

SA Corporate Real Estate Fund reports 7.3% year-on-year growth in distributions to 16.28c per unit for the six months ended June.

Premium Properties REIT status approved

Linked unitholders are advised that the Company's application to the JSE Limited ("JSE") for Real Estate Investment Trust ("REIT") status has been approved by the JSE.

Accordingly, Octodec will qualify as a REIT with effect from the commencement of its next financial year, being 1 September 2013.