Property unit trusts can be expected to return to growth in earnings this year and a re-rating of the sector will boost capital values by up to 10%.

Group sees massive scope for growth in listed sector, writes David Jackson.

Sector performs better than equities despite tough conditions in market.

Wayne McCurrie is our regular Monday evening market commentator, but tonight we have him in a different role.

Pretoria - Listed property still represented good value for property investors wanting a relatively secure income stream despite a poor prognosis for rental income growth in the medium term, said Rode & Associates, the property economists, in its latest review of the property market.

Investors in property unit trust Allan Gray Property Trust (Grayprop) are having to cope with a serious case of stalled earnings growth.

Growthpoint's decision to invest in a portfolio of linked units signals the growing popularity of a hybrid property loan stock structure, but questions about the merit of this hybridity remain.

South Africas big three property unit trusts (PUTs), Grayprop, Martprop and Sycom, are preparing to launch a joint take over bid for listed property loan stock (PLS) fund Primegro. It could be the first of a number of such deals in the property sector this year.

But listed sector is starting to offer good buying opportunities for investors

But some PUT’s and PLS’s are starting to look cheap.