Pangbourne Properties’ turnaround strategy seems to have paid off well.

Listed property has shone amongst South Africa’s top 100 companies, based on share-price performance

Pangbourne Properties has announced formal offers for i Four Properties and Siyathenga Property Fund

Merger and takeover activity in South Africa's listed property market is expected to hot up considerably over the next few months as dominant players vie more aggressively than ever for a slice of the JSE's R105bn real estate sector

Listed sister property companies Pangbourne Properties, iFour Properties, Siyathenga Property Fund and Monyetla Pro-perty Fund have created significant cost savings for themselves by concluding SA's first multiborrower, commercial mortgage-backed securitisation transaction.

Listed property company Monyetla Property Fund, formerly Calulo Property Fund, will issue new units to raise about R353m, which will be partly used to fund a property transaction with parent company Pangbourne Properties.