Sanlam Property Asset Management said on Friday that it was acting as a promoter and negotiating with various vendors with a view to putting together a large listed property fund. 

ABSA Commercial Property Finance confirmed yesterday it would be listing a property fund in partnership with Marriott Property Services this year, while Old Mutual Properties is considering the option of listing a new fund.

Supply is outstripping demand by an average of 60% and the situation will persist with lax planning, says researcher Property Editor OLD Mutual Properties MD Ian Watt has criticised property services company Rode for what he says is an over-optimist...