Two of the three listed property funds that posted financial results last week reported increases in their distributions of more than 10%.
Resilient Property Income Fund is planning to put together another listed property fund with exposure to retail properties in rural areas and parts of Africa.
Listed Prima Property Trust, a property unit trust, has managed to increase its liquidity significantly for the year to April, with 42% of its weighted average of units in issue being traded during the period.
Listed property made investors rich last year, but is it 2005’s best buy, ask Adele Shevel and Chris Needham
APEXHI Properties' acquisition of the Rivonia Square shopping centre in Sandton for R63m was in line with its long-term strategy of diversifying its property portfolio and reducing its risk profile, said property portfolio management company Provest this week.
The past 18 months have seen a flurry of corporate activity in the listed property sector with property acquisitions, mergers and new listings invigorating the sector and commentators expecting this trend to continue in the medium term.
Listed property loan stock company Paramount Property Fund (Paraprop) has experienced a major turnaround in fortune , reflected by its winning the office property category of the Financial Mail/Investment Property Databank (IPD) Listed Property Investment Awards.
Investment Property Databank (IPD) and commercial property association Sapoa will host a property investment conference at Sandton Sun on November 3 and 4.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.