The impressive levels of growth in the listed property sector have fuelled a belief that listed property is more accessible, more liquid and more easily traded than direct property.
Property unit trust heavyweight Sycom Property Fund may have to adjust the offer price of the new units to be issued in its capital-raising exercise given the recent weakness in listed property stock in general.
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.
Pretoria - The listed property sector was expected to gain vigour because of expected new institutional listings by Old Mutual, Sanlam, Absa and RMB Properties later this year and early next.
High turnover of analysts prohibits continuity of quality studies, resulting in buyers making ill-informed investment decisions.
The saga of property loan stock company Arnold Property Fund (A-Prop) may soon have a happy ending, despite a run of bad news.
Investors can expect property loan stock company Arnold Property Fund's (A-Prop's) earnings to drop by at least 50% this financial year, says listed property asset management company Provest.

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