Hospitality Property Fund continues to exceed expectations on the back of favourable South African tourism and leisure conditions

Hospitality Property Fund will acquire the 301-key 4-star Holiday Inn Sandton, adjacent to the Village Walk Shopping Centre in Sandown, for R400 million

Total return on Hospitality A-linked units total 38% and for B-linked units it amounts to a notable 116%. The Fund’s total returns during the reporting period significantly outperformed the listed property sector

Hospitality Property Fund announced today that it has concluded agreements to acquire further hotel and resort properties valued at R284,0 million

Hospitality Property Fund Limited, which invests exclusively in hotels and resorts, today announced its interim results for the six months to 31 December 2006.

Hotel-focused listed property loan stock company Hospitality Property Fund has beefed up its executive management team with the appointment of a chief operating officer.

Hospitality Property Fund Limited announced that it will acquire the 4-star Richards Hotel together with neighbouring land totalling 12,960m2, the 2-star Bayshore Hotel all in Richards Bay and the 3-Star Protea Hotel Imperial in Pietermaritzburg.

Hospitality Property Fund Limited announced that it has acquired the 4-star Protea Hotel Victoria Junction for R105 million. The Protea group will continue to manage the hotel.

Strong capital growth in their underlying portfolios was the main driver of Growthpoint Properties and Sycom Property Fund's out performance of other listed property funds at the Financial Mail/Investment Property Databank (IPD) awards last week.

Sycom Property Fund’s Cape Town Foreshore SHG Building has secured a variety of new tenants including a flagship Bentley Motors Showroom, Regional Electrical Distributors (Reds) and Telkom Directory Services.