Loss only 2% compared with 6% for shares

A buoyant retail property market helped listed property loan stock company Resilient Property Income Fund's distribution growth soar 19,87% to 63,20c for the year to December.

Global investors on the prowl for untapped property investment opportunities are discovering that SA is cropping up more frequently in global research as a market with serious allure.

Listed property loan stock company Redefine Income Fund is expecting 19% growth in distributions for the financial year to August next year — this due to the solid performance by its property portfolio as well as its acquisition of top-performing Cape-based Spearhead Property Holdings.

Listed property loan stock company Resilient Property Income Fund is to develop a shopping centre worth more than R400 million in Tshwane with Keystone Investments

Catalyst continues to favour funds that exhibit high-quality and sustainable income streams; excellent disclosure and transparency; and management with a proven ability to perform

SA's listed property sector, which has been booming for more than three years, pulled back a little last month, posting a slightly negative total return of -0,79%, said Catalyst Fund Managers.

Listed Property Fund, until recently rather slow on the transformation front, are expected to step up black empowerment deal-making over the next few months to comply with the requirements of the Property Sector Transformation Charter signed last week by Government and industry players.

Construction of the new R450m, 40,000 square metre regional shopping centre on site adjacent to The Ridge Casino in Emahlaleni has commenced.

Listed property loan stock Resilient Property Income Fund said yesterday that it would own a 60% interest in a new R450m shopping centre in Witbank.