THERE are lessons to be learnt from last week's news that property loan stock firm Arnold Property Fund (A-Prop) is planning legal action in a bid to recoup value lost since listing.

Delivering on its promise to investors, iFour Properties Limited (IFR), the 1.4 billion rand property loan stock company, has declared a distribution of 37c per linked unit for the six months ended December, in line with the forecasts previously published in a circular to unit holders.

The property loan stock company continues to provide investors with a sustainable income through its innovative unit structure, limited gearing and a strategy to maximise value in secondary located properties with sound tenant profiles

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

Listed asset management company Provest, which is part of the Investec Property Group, has come out in support of listed property funds outsourcing its management to companies outside the listed entity.

Shareholders will soon hear why money was paid last June, says Niki Vontas

Did it again.

PROPERTY loan stock company Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings, will list today on the JSE Securities Exchange SA.

LISTED property continues to attract investors and those lacking expertise for appropriate stock-picking have the option of investing in one of the "funds of funds" in the property arena.

In 2003 the Property Unit Trust and Property Loan Stock sectors generated a total pre-taxation return of 42.6%