Listed Property Fund, until recently rather slow on the transformation front, are expected to step up black empowerment deal-making over the next few months to comply with the requirements of the Property Sector Transformation Charter signed last week by Government and industry players.

Further Corporate activity is on the cards for the listed property sector as funds become increasingly aggressive in their drive to bulk up assets under management. The sector has seen a number of mergers and takeovers over the past year, with the Madison managed stable of funds being one of the key players.

If the listed property sector is to grow, external asset managers of listed property funds have to ensure they are acting in the best interests of unitholders.

If the listed property sector is to grow, external asset managers of listed property funds have to ensure they are acting in the best interests of unitholders.