Capital market ‘drives phenomenal growth.

Listed property loan stock company Premium Properties was the top performing listed property stock in terms of total return for the six months to June this year, according to Catalyst Securities’ July report on the sector.

Listed property loan stock company has announced that its distributions to unitholders for the six months ended August 31 had increased 39,8% from the same period last year

Octodec Investments attributed its substantial increase of 26,3% in distributions to unit holders for the year ended August 31 to low interest rates.

Increased demand for quality office, residential and retail space in the Pretoria central business district helped Premium Properties, the listed property loan stock company

A Narrow geographical focus is considered a weakness in the property sector, but Premium Properties is boasting about its 98% exposure to Pretoria on the basis that every property in the portfolio is never more than 20 minutes drive away.