Monday, 28 February 2005 02:00

Martprop lags sector, but expects to improve

Listed property unit trust Martprop Property Fund announced interim distributions on Friday that were below the listed property sector average.

MD gives retail portfolio the credit.

Monday, 01 November 2004 02:00

R400m Vanderbijl mall to open in 2006

The R400-million Vaal Mall shopping centre in Vanderbijlpark will open its doors early in 2006.

Kagiso Property Holdings have joined forces with the HL Hall and Sons farming dynasty of Nelspruit to launch a new R120-million commercial and retail development

Thursday, 14 October 2004 02:00

Vaal Triangle to get its first regional mall

Construction on a new R400m regional mall in the Vaal Triangle is set to begin in October this year.

Wednesday, 22 September 2004 02:00

Mafikeng: from ghost to boom town

Decision to keep provincial capital in city has brought business and residents back to centre of old Bophuthatswana

Wednesday, 08 September 2004 02:00

Nelspruit's Riverside Mall to undergo facelift

Old Mutual will redevelop Nelspruit's Riverside Mall in a R130m expansion that will see a number of top retailers added to the existing tenant mix.

Thursday, 02 September 2004 02:00

Property funds frantic to develop retail space

Tenants demand wider area to sell as SA's 22-year-low interest rates spur shopping frenzy

 

If funds in the listed property unit trust and property loan stock sectorwant to be rated as a preferred stock by asset managers, they need to deliverdistributable earnings growth in the region of 5%.

Property loan stock company South African Retail Properties, which hasa property portfolio worth nearly R1,1bn, including 27 shopping centres,has increased its distributable income to unit holders.

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