Cape Town - Habitat Property Investments, a residential property income fund, was going ahead with its intended listing on the JSE Securities Exchange, Anton Botha, the managing director of Catalyst Property Asset Managers, the manager of Habitat, said on Friday.

The impressive levels of growth in the listed property sector have fuelled a belief that listed property is more accessible, more liquid and more easily traded than direct property.

Habitat Property Investments, South Africa’s first residential property income fund which is set for a JSE listing shortly, has acquired the Academia student complex in Stellenbosch for R29,6 million from Syfin Properties (Pty) Ltd.

South Africa’s first residential property income fund is on track for a JSE listing in the coming months.