Redefine Income Fund has reported double-digit distribution growth for the year to August, compared with the previous period.

A STRONG performance from its shopping centres and its investment in listed Sycom Property Fund helped to boost Hyprop Investment’s distributions 15,4% to 150c for the six months to June.

Acucap Properties’ acquisition of a 17,5% interest in Sycom Property Fund appears to have been bought at a premium

There are opportunities for new property listings on the JSE despite an “incredibly competitive market” and low capitalisation rates, says Paul Duncan, investment analyst at Catalyst Fund Managers

Blue-chip listed property loan stock company Hyprop Investments on Tuesday reported an 18,2% surge in distributions to 130c for the six months to June.