LISTED property loan stock heavyweight Hyprop Investments was the best performer of listed property groups in terms of returns to investors last month, says the latest overview by Catalyst Securities.
LISTED property loan-stock company Pangbourne Properties said on Friday that the acquisition of a R439m property portfolio from Strupot Property Investments would increase its distributable earnings to unitholders by about R7m for the period from October to next June.
Lodon- Actis Capital, a London-based buyout firm that invests in African and Asian companies, has committed $40 million (R252 million) to build a shopping mall in Lagos, Nigeria's biggest city.
INDUSTRIAL property loan stock company Metboard Properties says the small increase in its distribution this year is due to an increase in fund expenses, as it implemented a market-related asset management fee for the first time.

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