The launch of two new global property funds will give South African investors access to quality properties the world over, including the London property market.
The SA property index, which represents property unit trusts and property loan stock companies on the JSE Securities Exchange, produced a negative return in January of minus 0.74 percent
Construction and engineering group has placed its tank container manufacturing subsidiary Consani Engineering into liquidation because of the strong rand and competition from China
Listed property loan stock company Paramount Property Fund (Paraprop) is on the road to recovery with a 4% surge in distributions to unitholders for the year to October. The previous year was bad, and saw a significant decline in its distributions.
Deductions for renovations, new buildings will draw large investors, and should form part of integrated strategy, experts say.
Listed property loan stock heavyweights Hyprop Investments and Redefine Income Fund are for the first time collaborating on a shopping centre development on the south coast of KwaZulu-Natal.
JSE-listed Ambit Properties’ cross-border investment in Oryx Properties Ltd, Nambia, is bearing fruit.

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