Resilient Property Income Fund yesterday announced a 7,2% rise in its distributions to unitholders for the year ended December last year, compared with the previous year's annualised results.

Listed property loan stock company Resilient Property Income Fund has on Monday announced that it would acquire a further 6,4% interest in fellow company Acucap Properties

With privately owned funds offering stiff competition for assets, many listed funds are turning to development option

Although some property commentators have expressed doubt about significant new listings coming to market in the next year, others have not ruled themout, saying there may be scope for one or two on the JSE Securities Exchange SA.

Demand for units will push up prices

PROPERTY loan stock company Resilient Property Income Fund has acquired a regional mall in Tzaneen for R83,3m and disposed of an office block for R35m.