Blue-chip listed property loan stock company Hyprop Investments is forecasting distribution growth of 12% for this year on the back of a buoyant retail property sector.

iFour Properties says that the acquisition of six more retail properties in township or rural areas stands it in good stead to take advantage of the growth in the economy.

Listed property loan stock company Premium Properties was the top performing listed property stock in terms of total return for the six months to June this year, according to Catalyst Securities’ July report on the sector.

The surge in listed property prices over the past few years looks likely to continue, according to the latest report from property economists Rode & Associates.

Property group Marriott, which manages listed property fund SA Retail Properties, said on Thursday that most of the 15% of SA Retail unitholders who have said that they will not accept Hyprop's takeover offer are Marriott unit trusts.

The general market view is that listed property loan stock company Hyprop Investments’ hostile takeover bid for SA Retail Properties will succeed.

Yields and rentals underpin investment decision

Listed property loan stock company Hyprop Investments has welcomed the news that rival Marriott funds SA Retail Properties and Martprop are scrapping their proposed property transaction.

Metboard Properties forced to reduce rentals on certain leases to lower market-related rentals.

Listed property loan stock Redefine Income Fund yesterday posted above industry average results, reporting an 11,29% increase in its total distributions for the six months to February.