A buoyant retail property market helped listed property loan stock company Resilient Property Income Fund's distribution growth soar 19,87% to 63,20c for the year to December.

Listed property loan stock company Resilient Property Income Fund is to develop a shopping centre worth more than R400 million in Tshwane with Keystone Investments

Catalyst continues to favour funds that exhibit high-quality and sustainable income streams; excellent disclosure and transparency; and management with a proven ability to perform

The problem is that most South African companies are cautious about investing in other parts of Africa.

Private developers are playing an increasingly important role in growing the listed property sector as good quality commercial properties become scarcer.

Listed property loan stock Resilient Property Income Fund said yesterday that it would own a 60% interest in a new R450m shopping centre in Witbank.

Listed property loan stock company Resilient Property Income Fund's distributions surged 12,25% for the six months to June compared with the same period last year

JSE-listed property funds - managed portfolios of shopping centres, offices and industrial property - show no sign of peaking, as some analysts started warning over a year ago that they would. Their combined market capitalisation has doubled to R46-billion in five years, and should reach R50-billion this year.

Resilient Property Income Fund is planning to put together another listed property fund with exposure to retail properties in rural areas and parts of Africa.

Big funds red in tooth and claw have appetite and muscle to swallow their peers