Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.

ApexHi Properties Limited has continued to maintain high trading volumes, with more than 45% of its units in issue trading in the nine months ended 31 March 2005.

Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.

The time may be ripe for further consolidation in the listed property sector, commentators say.

Growthpoint Properties, the largest listed property fund on the JSE Securities Exchange SA, is set to further consolidate this position

Property funds are different from most listed companies.

Interview with Marc Wainer.