Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.

When distinguished businessperson and critical thinker Dr Reuel Khoza, asked ‘whereto South Africa?’ at the recent SA REIT (Real Estate Investment Trust) Association Conference 2016, leaders from the country’s property, financial and investment sectors welcomed his straight-talking vision to move beyond today’s tempestuous political and economic environment with good governance for both state and corporate South Africa.

The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.

Vukile Property Fund, Arrowhead Properties and Synergy Income Fund Limited today announced they intend to create a new high-yielding, high-growth investment prospect for listed property investors.

We’re at a very, very interesting juncture in the property industry, in South Africa.

Tower’s wobbly share price not a true reflection of group’s meteoric rise.

Arriving at Vukile Property Fund’s headquarters, a pretty and petite building in Rosebank, we’re greeted by cranes on the horizon.

The SA REIT (Real Estate Investment Trust) sector has published Best Practice Recommendations that will make financial reporting of South African REITs clearer and more comparable.

Listed property returned 7.99% to its investors, outstripping cash’s 6.46%, equities 5.13% and bonds’ -3.93%, according to figures from Catalyst Fund Managers.

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.