Redefine distribution surges on higher-yielding portfolio.

Canal Walk Shopping Centre excelled at the Footprint Marketing Awards 2005

Though SA’s listed property sector had posted returns of 34,7% this year, there was value left in the sector in the low interest rate environment, said Metropolitan Asset Managers portfolio manager Chris Naidoo yesterday. Commenting on the outlook for listed property, Naidoo said however that investors should not to expect returns to be as strong as last year, when 41% was achieved.

Die Suid-Afrikaanse genoteerde-eiendomsektor het vanjaar sy stewige lopie van die laaste paar jaar voortgesit en die fundamentele toestande in die eiendomsbedryf is in dié stadium die beste nóg.

Listed retail property loan stock Hyprop Investments now holds a 44,4% stake in rival property fund SA Retail Properties, following the acceptance by 37,8% of SA Retail unitholders of Hyprop's offer, which closed on September 9.

Hyprop Investments now holds a 44.4% stake in rival property fund SA Retail Properties, following the acceptance by SA Retail unitholders of Hyprop's offer

Hyprop Investments declares an interim distribution per combined unit of 91 cents, an 18% increase on that declared a year earlier

Blue-chip listed property loan stock company Hyprop Investments is forecasting distribution growth of 12% for this year on the back of a buoyant retail property sector.

iFour Properties says that the acquisition of six more retail properties in township or rural areas stands it in good stead to take advantage of the growth in the economy.

Growthpoint Properties says it has disposed of a significant portion of its listed property investment portfolio for a total consideration of R671 million