The commercial property market and the listed property sector enjoyed a period of exceptionally strong growth last year. So what are the prospects for foreign companies wanting a slice of the rich pie?

Growthpoint Properties Limited won the SAPOA award for Innovative Excellence

Metboard announced a total distribution of 40,17 cents per link unit

Growthpoint gets approval for Tresso transaction.

Investec Property Group has acted quickly to nip in the bud a case of alleged fraud at Metboard Properties, a listed fund it manages.

Metboard Properties Limited’s market capitalisation has exceeded R1 billion for the first time resulting from the continued growth of the fund and the buoyant performance of the listed property sector.

Growthpoint Properties Limited will acquire The Paddocks Shopping Centre in Milnerton, Cape Town, for a total purchase consideration of R88,4 million, on a forward yield of around 11%.

The past 18 months have seen a flurry of corporate activity in the listed property sector with property acquisitions, mergers and new listings invigorating the sector and commentators expecting this trend to continue in the medium term.

Analysts expect acquisitions and listings to continue in the medium term

The South African listed property sector is lagging far behind when it comes to transformation, according to an MBA thesis written by a property player.