Listed property loan stock company is confident that it has the support of its unitholders for its takeover of rival SA Retail Properties.

Marriot says the unitholders of rival listed property fund Hyprop Investments stand to lose out if Hyprop proceeds with its takeover plans of SA Retail.

Small businesses are folding up - particularly in the retail sector - because of sluggish trading environment, high rentals and the streetwise consumers spoiled for choice by the mushrooming malls

A turnaround in retail development is leaving traditional small towns out in the cold.

Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.

Total returns for SA commercial property accelerated to 23.4% in 2004, up from 15.3% in 2003, breaking the previous record of 17.4% set in 1997

Listed loan stock company will appoint an independent financial adviser to consult on an offer made by Hyprop to buy all of its linked units.

Leading property loan stock Hyprop Investments today announced its intention to acquire all of the linked units in listed property fund SA Retail Properties.

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.

Listed property loan stock company Pangbourne Properties is upbeat about the prospects for its newly acquired Pineslopes retail centre, saying Fourways, where the centre is situated, is one of the "premier growth" areas in Gauteng.