Listed property asset manager is expanding into the overseas property market and intends to acquire 50% of the management company of UK-based property fund CIREF

With competition increasing and listed property companies seeking to outperform each other in a buoyant market

The market can expect to see even more consolidation in the South African listed property sector this year, with bigger players acquiring smaller companies and friendly mergers between others.

The South African listed property sector has regained most of the losses that occurred in the second quarter of this year. But analysts do not rule out further price volatility in the sector in the short term as uncertainty around interest rates and inflation figures persists.

The unit-price volatility that has been a feature of the South African listed property sector since May appears to be continuing

After a torrid three months, the listed property sector has bounced back, with some commentators saying it is a more attractive buy than fixed property.

Blue-chip listed property company Hyprop Investments said yesterday that its interim distribution for the six months to June would be at least 20% higher than the previous interim period.

Turbulent times drive property fund manager's unit price down 20%

The JSE's listed property index lost more than 4% of its value on Friday

Classic Business Day gets Angelique de Rauville from Investec on the line - to find out what effect the SA Reserve Bank’s 0.5% interest rate hike is having on the listed property sector