Insurance group Momentum is considering raising its R320m cash offer for two Johannesburg north properties, The Mall of Rosebank and the adjoining office block JHI House, says Warren Schultz the chief operating officer of RMB Properties, which is acting on behalf of Momentum.

THE interim financial results of property loan stock company Acucap, released at the weekend, could decide the fate of two Rosebank Properties, The Mall and JHI House that are sought by three groups, including Acucap.

Rosebank Mall's shareholders and its small tenants will be the big losers if owner Cenprop can't stop a demolition order. Cenprop is appealing the order, which could take a year or more to reach court.

THE fast-growing property loan stock sector of the JSE Securities Exchange SA is to record another listing when Acucap Properties debuts with property assets worth R865m next week.