These rand hedge property counters‚ which receive 100% of their earnings in either US dollars‚ British pounds‚ euro or Australian dollars‚ were some of the JSE's biggest money-spinners over the past year.

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

JSE-listed Arrowhead Properties, which has indicated that it is eyeing opportunities in the residential sector for the first time, said on Wednesday it had posted a "very positive" performance in the quarter ended June.

Tower Property Fund receives good investor support for its capital raise prior to the fund’s listing on the JSE today.

Volatile bond markets may have caused some suffering for SA’s listed property sector in recent weeks, but the opportunities for investors are still there, thanks to higher yields and sound market fundamentals.

Repricing of the listed property sector will make it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE.

Private placement 'fatigue' has been partly blamed for the sharp sell-off in property stocks over the past two weeks.

Listed property prices have seen a rapid correction over the past two weeks, although analysts say this provides opportunities for both investors and companies themselves.

THE local listed-property sector has delivered returns above expectations so far this year, thanks to a strong bond market, solid company results and increased demand for listed property stocks, according to Keillen Ndlovu, the head of listed-property funds at Stanlib.

After several years of strong price growth in the listed property sector, most property pundits believe we can expect slower — albeit solid — growth this year from listed property stocks. Nevertheless there are still major opportunities for investors who want an investment that offers a steady income stream.

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