Listed sister property companies Pangbourne Properties, iFour Properties, Siyathenga Property Fund and Monyetla Pro-perty Fund have created significant cost savings for themselves by concluding SA's first multiborrower, commercial mortgage-backed securitisation transaction.
Listed Property in South Africa is finding its way on to the buying lists of leading international pension fund/asset managers now that the sector is starting to offer the size and liquidity required by offshore investors
Investec Property Group is being showered with praise for moving its external management of Growthpoint into the listed property fund
Punters shouldn't expect much in the way of short-term share price growth. Analysts say Vukile is starting to look expensive relative to its peers, with its share price already up 50% over the past eight months
The South African listed property sector, which recently surpassed the R100bn market capitalisation threshold for the first time, could again double in size over the next two years as the much talked about foreign investment flow into local real estate stocks starts to materialise
Ask any analysts or fund manager if there are any cheap steals left in the listed property sector and the unanimous answer is "no". After all, the sector is trading at an average 56% premium to net asset value.
Allan Gray Property Trust (Grayprop) reports that its net distributable income for the first six months of the financial year amounted to 21,4c a unit, a 10,9% increase on the distributions for the same period last year

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