The market capitalisation of the listed property stocks sector has more than doubled in the past six months.

TWO events shook the listed property sector of the JSE Securities Exchange SA last week: the merger between Grayprop and Grayvest, and Primegro's acquisition of Richway's retail properties.

Choice between unit trust or loan stock could reshape property sector IF GRAYPROP and Grayvest merge they will have to choose whether to house the newly created entity either in a property loan stock company or a property unit trust.

Emerging retail communities are to be represented for the first time in the JSE property sector with the joining of Shops for Africa Ltd.

SA's R8bn listed property market is poised to see prolific growth in the next few years if it continues to follow Australian market trends.

THE property sector is regaining its popularity as an investment class, says Nedcor Investment Bank corporate finance specialist Ernest Matthewson.

CORONATION Property Equity Fund has chosen to limit new investment in its fund to R400m because of the limited choice offered by the listed property sector of the JSE Securities Exchange SA.

Fund managers do not expect earnings growth; period of consolidation.