Although there is likely to be corporate activity in the form of mergers, even they will be affected by the pricing of units

Retail-focused Hyprop Investments reported a record 20% distributions increase for the year to December, to 270c a unit.

JSE property fund Hyprop Investments announced its fourteenth consecutive year of growth with a record increase in distributions of 20% for the twelve months to December 2007

South Africa's largest JSE-listed property asset manager, Madison Property Fund Managers has achieved a total distribution of 76 cents per linked unit for the year ended 31 December 2007, 30% higher than the annualized maiden distribution of 39 cents for 2006

A number of comentators present their outlook on the listed property sector amidst a local rising inetrest rate and a global inflationary environment

The PLSA summarises the latest transactions in the sector

Hyprop Investments said it had acquired a 31,3% interest in listed property unit trust Sycom Property Fund in a R1,24bn transaction

Leading listed retail property fund Hyprop Investments has expanded its investment portfolio with the acquisition of approximately 31,3% of listed property unit trust Sycom Property Fund (“Sycom”) for R1,24 billion

The listed property sector is developing black-owned enterprises to meet its black economic empowerment (BEE) requirements.

The plunge in the prices of listed property in the UK and Europe since the beginning of the year offers opportunities for South African listed property companies looking for offshore investments