The listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years.

Since June 2008 listed property loan stock companies have staged a comeback, says Gerhard van Zyl, Chief Executive of Vukile Property Fund which is a member of the Property Loan Stock Association of South Africa

Equity index provider MSCI Barra has announced that it will be adding South African real estate company Growthpoint Properties Limited to the MSCI Emerging Markets stock index

Growthpoint Properties Limited announced 14,4% growth in distribution per linked unit for its financial year ended 30 June 2008, with both the company’s earnings and its distributions outperforming forecasts

Hyprop Investments says it is 'no longer a party' to merger discussions with the Madison stable of listed property companies.

Growthpoint Properties Limited has secured R2 billion in additional debt facilities comprising an unsecured 5-year loan from Nedbank Corporate Property Finance – the largest unsecured facility to be granted to a South African property company

The impact of the global credit crisis on South African listed property companies’ access to finance has been minor, explains Managing Director of Nedbank Corporate Property Finance Frank Berkeley

A 17,300m2 office development, The District, has been aquired by Growthpoint Properties Limited with Ogilvy secured as principal tenant

Listed property loan stock company Growthpoint Properties had secured R2bn in additional debt facilities to help fund its R4bn development and acquisition pipeline, it said yesterday.

The Madison stable of listed property companies, including Madison itself, all issued cautionary announcements yesterday indicating they were considering a proposal that could see them merge into a single property fund.