SA Corporate Real Estate Fund (formerly Martprop) has announced it is to make an offer to acquire all the linked units in SA Retail Properties Limited, paving the way for a R5 billion fund in a major move towards consolidation in the listed property sector.
ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for an undisclosed amount
Property unit trusts can be expected to return to growth in earnings this year and a re-rating of the sector will boost capital values by up to 10%.

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