Investec Property Fund (“the Fund”) has delivered a strong set of results for the six month period to 30 September 2012, underpinned by solid property fundamentals, with the property portfolio growing 11.8%. 

The Investec Property Fund announces solid maiden financial year-end results for the year ended 31 March 2012, boosted by strategic acquisitions and a strong focus on client retention

The South African listed property sector is growing in leaps and bounds, having increased its market capitalisation over the past 12 months from R122bn, with 18 counters, to R158bn, with 29 counters, as at the end of last month.

The Investec Property Fund announced solid maiden results for the six months to end September 2011

Investec Property Fund, which listed on the JSE in April, is on the acquisition trail, announcing that it will buy retail complex Great North Road Plaza in Musina for R145m.

Investec Property Fund, Investec's recently launched listed property vehicle, intends to acquire two new properties as it grows its portfolio.

Last year more money about R4,5bn was invested into real estate funds, than into equity R4bn unit trusts, there are now 22 real estate funds for just 19 shares in the sector.

This week’s listing of R2,2bn to the real estate sector’s market cap, which is fast ap proaching R130bn, up from R100bn 18 months ago.

Investec Property Fund has announced that it will relist on the JSE with effect from April 14.

Investors in property have had another wonderful year on the listed sector, with a total return of about 33%