Listed property loan stock company ApexHi Properties' acquisition of Prima Property Trust's portfolio will help consolidate the listed property sector

The Bottom Line: Hyprop’s position

If the listed property sector is to grow, external asset managers of listed property funds have to ensure they are acting in the best interests of unitholders.

If the listed property sector is to grow, external asset managers of listed property funds have to ensure they are acting in the best interests of unitholders.

Listed property loan stock company iFour Properties announced its financial director James Nunes would be taking over as CEO from Anthony Diepenbroek

PROPERTY loan stock company Arnold Property Fund (A-Prop) said yesterday that it had entered into negotiations to acquire a portfolio of properties worth in the region of R312m from Momentum Property Investments.

Acquisitions, low rates boost performance

CAPITAL losses in the listed property sector may not materialise this year in fact the sector is expected to post a small capital increase of about 2%.

 Property unit trust group Martprop Property Fund reported positive financial results yesterday in a market which showed unrelenting pressure on earnings. 

Property loan stock company Hyprop Investments was upbeat about its interim results for the six months ended June 30 2003 and declared a 2% rise in interim distribution to 65,10c.