Strong bond market drives resurgence in listed property returns
The listed property sector continues to outperform despite property funds operating in a challenging environment.
Property sector records weighted average distribution growth of 12.6%
Well-established property counters have posted strong annual results over the past few weeks.
Listed property sector recovers from poor start
JSE's listed property sector has not managed to maintain its run of the past few years of beating the broader all share index.
Synergy Income Fund among top performers
Synergy Income Fund's A and B units have been among the listed property index's top performers since the beginning of the year, with both having risen nearly 20%.
Merged property funds would have muscle
Proposed 3-way merger between Rebosis,Delta and Ascension will create the first sizable black-managed property portfolio to rank among the R280bn listed property sector's top 10 companies in terms of size.
Rockcastle African real estate operations on track
Rockcastle Global Real Estate says its African operations is on track‚ as it released financial results for the nine months to March.
Vukile Property Fund expects to reap benefits of restructuring
Vukile says it has restructured itself with the aim of significantly increasing returns from 2015.
Fountainhead takeover delayed
It will probably take at least another 12-24 months before Redefine Properties achieves its ultimate goal of a full takeover of Fountainhead Property Trust’s R11,1bn portfolio.
Attacq shares debut at R17 per share on the JSE
Rockcastle identifies sites in Africa for investment
Rockcastle Global Real Estate Company, which on Wednesday released results for the 12 months to March 31, says it has identified a number of sites in three African countries for direct property investments.
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