Sycom Property Fund’s Cape Town Foreshore SHG Building has secured a variety of new tenants including a flagship Bentley Motors Showroom, Regional Electrical Distributors (Reds) and Telkom Directory Services.

Lingings of specialised funds could occur later this year because of a lack of traditional properties, says Gerald Nelson, MD of Sycom Property Fund Managers.

LISTED property unit trust Sycom says its strategy of growing its property portfolio through property development as opposed to acquisitions is resulting in higher returns.

Provest Private Clients' Chris Hansen gives the outlook for 2005

Investors in the listed property sector can expect lower, more stable total returns of 13% in 2005 - says First South Securities property analyst Leon Allison

With privately owned funds offering stiff competition for assets, many listed funds are turning to development option

Hybrid property loan stock company Redefine Income said on Friday that it had disposed of its entire holding of 9,69million units in the listed property unit trust Sycom at an average price of R10,35 a unit.

Commentators say move may boost confidence in SA and lead to increase in letting of office and industrial premises

Mortgage securitisation likely to be the next big thing in listed property sector

If funds in the listed property unit trust and property loan stock sectorwant to be rated as a preferred stock by asset managers, they need to deliverdistributable earnings growth in the region of 5%.