Listed property is a better investment than residential property because as investors can earn double the yields without administrative hassles, says a BoE Private Clients analyst.

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

Thursday, 02 September 2004 02:00

Spearhead reports growth off small base

Listed property loan stock company Spearhead Property Holdings reported a 13% increase in distributions to linked unitholders for the year ended June

Commentators say move may boost confidence in SA and lead to increase in letting of office and industrial premises

Wednesday, 04 August 2004 02:00

Acucap takes asset management in-house

It is believed that most analysts prefer internal management structures because objectives are more aligned with unitholders' interests

Wednesday, 28 July 2004 02:00

Fund sells low-yield property in portfolio

HYBRID property loan stock company Redefine Income Fund said yesterday that it had sold its holding of almost 20-million units in listed property unit trust Grayprop for about R60m.

 

The listed property sector is expected to benefit from anticipated stability in the interest rate environment, which should create growth prospects in distributable earnings.

Pretoria - The listed property sector was expected to gain vigour because of expected new institutional listings by Old Mutual, Sanlam, Absa and RMB Properties later this year and early next.

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