Investors might be in a rush to see the back of 2015. Despite a dispirited Alsi, the property sector presents signs of good health.

-          Good quality suburban, newly built townhouse type developments compliments Indluplace’s current portfolio of suburban and CBD properties

Vukile will launch its residential property strategy before the end of March next year as it looks to add diversification to its predominantly retail-focused portfolio.

Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.

Indluplace Properties’s revenue has increased from R37,4 million (30 September 2014) to R157,8 million (30 September 2015).

As reported in the Indluplace Prospectus issued on 3 June 2015, Indluplace and MSA were involved in a legal dispute regarding the lease agreement with MSA in respect of Indluplace’s Honey Park property portfolio consisting of 333 two-bedroom units in three complexes. 

The SA Listed Property Index (J253) recorded a return of -0.36% for the month ended June 2015.

IndluPlace Properties is likely to pave the way for more specialist property listings. Redefine International’s hotel exposure is already at 20% of total assets so a separate hotel listing is the logical route.

Indluplace Properties Limited, the JSE’s first focused residential REIT, has acquired a residential portfolio from Connaught Properties for R420 million.

Indluplace is weighing its options whether to acquire a R420m residential property portfolio.