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%.

Property loan stock (PLS) company Pangbourne will soon move some prime properties into iFour, the PLS of which it bought 33% earlier this month. This could push iFour's holdings above R1bn.

The value gap between listed property and directly held property is narrowing, says the latest property report by consulting group Rode.

PROPERTY investment group Hyprop has scooped The Mall of Rosebank and JHI House, beating two other contenders to the two jewels in the portfolio of property unit trust Cenprop.

DURBAN Property unit trust Martprop Property Fund anticipated finalising deals worth R150m within the next month and was actively seeking acquisitions while the market offered good values, MD Roger Perkin said yesterday.

Concor has trebled earnings for the six months to the end of December, with attributable earnings swelling from R3.1m to R9.6m.

Durban - Tenders for the sale of the property portfolio of Commercial Finance Company (CFC) began yesterday as part of the group's third phase in selling its assets, said John Swain, the managing director.

Property Fund Managers (PFM) expects a modest increase in earnings for Capital Property Fund unit holders in 2003.

Listed property unit trust Capital Property Fund can expect a modest increase in earnings this year, says asset management company Property Fund Managers.

Durban - Massmart Holdings, the bulk retailer and wholesaler, would not repeat financial 2002's record 44 percent surge in sales despite growth of 32 percent to R10.5 billion for the six months to December, Syd Vianello, a BoE analyst, said yesterday.