Vukile Property Fund, Arrowhead Properties and Synergy Income Fund Limited today announced they intend to create a new high-yielding, high-growth investment prospect for listed property investors.

We’re at a very, very interesting juncture in the property industry, in South Africa.

Published in Blog

Tower’s wobbly share price not a true reflection of group’s meteoric rise.

Arriving at Vukile Property Fund’s headquarters, a pretty and petite building in Rosebank, we’re greeted by cranes on the horizon.

The SA REIT (Real Estate Investment Trust) sector has published Best Practice Recommendations that will make financial reporting of South African REITs clearer and more comparable.

Listed property returned 7.99% to its investors, outstripping cash’s 6.46%, equities 5.13% and bonds’ -3.93%, according to figures from Catalyst Fund Managers.

Vukile will launch its residential property strategy before the end of March next year as it looks to add diversification to its predominantly retail-focused portfolio.

Vukile Property Fund today reported 7% growth in distributions per share for its half year to 30 September 2015, delivering results in line with its market guidance.

South African Real Estate Investment Trusts (SA REITs) are increasing their representation in the JSE/Actuaries All Share Top 40 Companies (ALSI 40) Index, growing their representation among South Africa’s largest listed companies.

South African listed property once again ranked high among the country’s top companies earning the most for shareholders.

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