Growthpoint Properties Limited has achieved a surplus over book value of R5,4 million, or 20,5%, on the sale of its Jo'burg CBD properties.

Mortgage securitisation likely to be the next big thing in listed property sector

Demand for units will push up prices

If funds in the listed property unit trust and property loan stock sectorwant to be rated as a preferred stock by asset managers, they need to deliverdistributable earnings growth in the region of 5%.

THE listed property loan stock industry launched its own representative umbrella body yesterday.

Property loan stock company Growthpoint Properties may be included inthe FTSE/JSE Africa Top 40 index by the end of the year, making it thefirst property fund to be included in this index.

More retail fun, fashion and furniture will soon be available in Rustenburg as Growthpoint Properties, which recently purchased Waterfall Mall Shopping Centre, proceeds with its plans for this dominant regional shopping centre.

An expanded shopping centre will soon be available in Rustenburg as Growthpoint Properties, which recently purchased Waterfall Mall Shopping Centre, is proceeding with its plans for this dominant regional shopping centre.

Waterfall Mall in Rustenburg, with effect from April 1.

Financial solutions company Lyons Financial Solutions Holdings' (LYS) Lyons Corporate Lease Fund (LCLFL) has disposed of a portfolio of properties to Metboard Properties (MPL) and Growthpoint Properties (GRT) for R176.4 million and R288 million respectively.