Real estate has a bad name amongst most portfolio investors. Yet few realise that listed property trusts performed on a par with equity over the past ten years (14,5% p.a.) and outperformed financial & industrial shares by a wide margin over the past three years (27% p.a. vs 5%), says Erwin Rode of Rode & Associates, property economists and valuers.

Choice between unit trust or loan stock could reshape property sector IF GRAYPROP and Grayvest merge they will have to choose whether to house the newly created entity either in a property loan stock company or a property unit trust.