Freedom Property Fund makes its debut on the JSE.

Exceeding budgeted expectations, South Africa’s largest JSE-listed property company declared a distribution of 51,1 cents per linked unit for the six month period to 31 December 2007, compared to the 45 cents per linked unit in the comparable period

Specialist banking group Investec (INP, INL) said on Thursday the disposal of the property fund management and property administration businesses of Investec Property Group Limited is now unconditional

Strong property fundamentals, improved letting and cost containment helped boost Growthpoint Properties’ distributions 14,5% to 93,1c, a linked unit for the year to June

The Public Investment Corporation (PIC) has its sights set on becoming a major player in the R100bn listed property sector - which will no doubt prompt plenty of corporate action from the Government-owned pension fund manager over the coming months.

Investec Property Group is being showered with praise for moving its external management of Growthpoint into the listed property fund

Growthpoint Properties has announced it is opting for an in-house management strategy

Demand for office space is strong, with prime office space attracting good rentals and landlords upgrading lower-grade space to take advantage of market conditions

Growthpoint Properties is to acquire the R500 million Woodmead Retail Park from Investec Property Group

Growthpoint Properties Limited, South Africa’s largest JSE-listed property holding and investment company with property assets in excess of R15 billion, today announced that it has successfully secured full ownership and complete control of Paramount Property Fund Limited.