Bonatla Property Holdings has concluded an agreement with Triprop, in terms of which it would acquire 100% of the shares in and loan claims against the latter for R35 million

The merger of ApexHi and Madison into Redefine in August 2009 was meant to create a flagship SA property fund.

Property fund Hyprop Investments announced on Tuesday that it has concluded formal agreements regulating the terms of its offer to acquire the whole of Attfund Retail for R8.986 billion.

Hyprop Investments has reached an in principle agreement with the Attfund Retail board to acquire the latter's entire issued capital for R8.986bn.

Stakeholders in the South African property market are increasingly recognising the important role that innovative finance solutions have to play.

The Eastern Cape saw its biggest ever auctions recently when two shopping centres, one in East London and the other in Port Elizabeth, went under the Auction Alliance hammer

SA’s real estate investment trust (Reit) equities managed to return a stellar 41,9% as an asset class last month, thanks largely to the stronger rand and a rise in real estate equity prices.

Ambit Properties will delist from the JSE today after its approved bid to merge with listed property loan stock company ApexHi Properties by the Competition Commission.

The listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years.

Ask any analysts or fund manager if there are any cheap steals left in the listed property sector and the unanimous answer is "no". After all, the sector is trading at an average 56% premium to net asset value.