Absa has probably saved Paraprop management by taking a R62m stake (34%) in this property loan stock company (PLS).

Cape Town - Hyprop Investments and Ellerine Bros, which recently bought the Canal Walk shopping centre outside Cape Town for R1.16 billion, said yesterday they shared commercial interests with the centre's retailers and were committed to cordial landlord-tenant relationships.

Retailers at Canal Walk, the largest shopping centre in Africa, are closely studying the deal in which the centre was sold by Nedcor to Hyprop Investments and Ellerine Bros for R1.16 billion.

Listed property may be everybody's favourite JSE sector but, like a newly discovered celebrity without table manners, its corporate governance is generally an embarrassment

Property investment holding group Hyprop is increasingly becoming a niche retail specialist.

PROPERTY investment group Hyprop has scooped The Mall of Rosebank and JHI House, beating two other contenders to the two jewels in the portfolio of property unit trust Cenprop.

Don't bet your shirt on speedy sector profits.

Wayne McCurrie is our regular Monday evening market commentator, but tonight we have him in a different role.

A new fund for for those with the right appetite.

Fraternity hopes mergers will deliver bigger, better and more liquid funds and draw the attention of fund managers.