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