Nedbank Corporate Property Finance has funded the R265-million second phase of the Upper Eastside mixed use development in Woodstock, Cape Town

Property loan stock group Fortress Income Fund listed on the main board of the JSE today

Hyprop Investments has announced that its total distribution for the year ended December 31 2008 has increased by 14.1% to 308 cents per combined unit.

SA listed property stocks have outperformed local equities despite the downturn in global financial markets.

Growthpoint Properties' market perfomance has resisted the downward trend and ended 5,25% up.

The listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years.

The issues and challenges facing South Africa’s listed property sector’s transition to the best-of-breed international Real Estate Investment Trust (REIT) structure in South Africa, will be addressed at the upcoming Real Estate Investment World Africa 2008 conference

Hospitality Property Fund will acquire the 301-key 4-star Holiday Inn Sandton, adjacent to the Village Walk Shopping Centre in Sandown, for R400 million

Property loan stock company Vukile should be able to report reasonable growth in distributions in the twelve months to March next year because property fundamentals should remain fairly strong in spite of adverse market conditions.

Acucap Properties has attributed its strong increase in distributions to good rental growth on renewal of leases.