With share prices of property stocks down around 15% over the past month, the income yields available on some counters have now breached 10%
Despite the nine interest rate increases since mid-2006, South African property investors are sitting rather pretty compared to their American, British and European counterparts.
Despite higher interest rates and global credit fears, 2007 is turning out to be yet another bumper year for listed property investors - both in terms of income and capital growth
The listed property sector has bounced back from its low in the middle of last month, rising 7,5% in value
Resilient Property Income Fund and its sister company have acquired an effective 10% interest in JSE-listed Pangbourne Properties in a move described by Pangbourne CEO Craig Hutchison as a 'hostile attempt to take over the company by stealth'
The South African listed property sector has been experiencing some price volatility because of uncertainty about interest rate movements
Ask any analysts or fund manager if there are any cheap steals left in the listed property sector and the unanimous answer is "no". After all, the sector is trading at an average 56% premium to net asset value.
The strong up-tick in demand for listed property stock in recent months has surprised even the most bullish of industry commentators
Listed property unit trust SA Corporate Real Estate Fund has come a long way in terms of market position from its previous incarnation as Martprop Property Fund.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.