Two of the three listed property funds that posted financial results last week reported increases in their distributions of more than 10%.

JSE-listed property funds - managed portfolios of shopping centres, offices and industrial property - show no sign of peaking, as some analysts started warning over a year ago that they would. Their combined market capitalisation has doubled to R46-billion in five years, and should reach R50-billion this year.

The South African listed property sector could experience modest capital growth in the next year if interest rates remain stable.

Some listed property funds with investments in other listed property funds are selling out of their listed stocks to invest in relatively cheaper fixed properties.

Stanlib Multi-Manager Flexible Property Fund announced has in a statement that it had appointed a second property and fixed-interest specialist in the fund

There does not seem to be much hope that listed property loan stock Hyprop will succeed with its takeover of SA Retail Properties.

Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.

REMAIN COMMITTED: Standard Bank Properties’ Mariette Warner.

Listed property loan stock company's takeover bid for competitor SA Retail Properties is an attractive offer for unit holders.

Listed property unit trust Martprop Property Fund announced interim distributions on Friday that were below the listed property sector average.