Listed property loan stock company Redefine Income Fund reported solid financial results yesterday, announcing a 7,56% increase in distributions to unitholders for the year ended August .

Listed property loan stock company Spearhead Property Holdings reported a 13% increase in distributions to linked unitholders for the year ended June

Spearhead Property Holdings, the JSE Securities Exchange listed company, has increased its portfolio by a massive R33 million as a result of making two large new purchases, both at the Cape. These will take the total value of Spearhead’s assets up to well above R600 million – and keep it on track to achieve its target of a R1 billion portfolio within the next three years – possibly even sooner.

"Internal management" and Executive/Company goal congruency behind Spearhead success

The sector offers good value relative to cash or bonds, writes Chris Needham

Reaction to the six month results ending December 31st 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "exclusive category of real performers on the JSE Securities Exchange".

REACTION to the six-month results ending December 31, 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "category of real performers on the JSE Securities Exchange", says Mike Flax, CEO of Spearhead.

Profits and distribution up

Spearhead proves it claim to be top performer in property loan stock sector

Did it again.