LYONS Financial Solutions Holdings plans to retain a 10% equity interest in its corporate lease fund even after listing it separately, a structure in line with international trends and ensuring that asset managers do not milk the funds under their management with fees.
Hybrid property loan stock company Redefine says its business practice of combining direct property holdings and listed property instruments offers special benefits for the group.
A transaction of R1,5-billion that will make Growthpoint properties the largest property loan stock company on the JSE Securities Exchange is expected to start a trend to convert direct ownership of property portfolios into property listings.
PARAMOUNT Property Fund on the Acquisition Trail Paramount Property Fund (Paraprop), listed on the JSE Securities exchange earlier this year and rated one of South Africa's top property funds, is on the acquisition trail to boost its portfolio of properties to R1-billion by end October.
Emerging retail communities are to be represented for the first time in the JSE property sector with the joining of Shops for Africa Ltd.
Building activity in the residential sector had remained buoyant, but the nonresidential sector was struggling.
Landmark decision heralds extensive new development
Tenant retention is a key factor in achieving maximum returns on a landlord's investment
Megaprojects are attracting interest.
The R1,4bn Skuifraam Dam project planned for the Berg River near Franschhoek has been approved by the cabinet as part of a package of measures designed to stave off a looming water crisis in the Western Cape

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