C how it runs...
The price of listed property fund ApexHi's C units are up a staggering 245% in six months. Not too shabby a return for investors who bought the stock at listing in October 2006 as a higher-risk alternative to ApexHi's existing A and B units. C units closed at 280c on listing day and touched 690c/share last Wednesday.
Now for the next wave
The strong up-tick in demand for listed property stock in recent months has surprised even the most bullish of industry commentators
SA Corporate a fast-rising property star.
Listed property unit trust SA Corporate Real Estate Fund has come a long way in terms of market position from its previous incarnation as Martprop Property Fund.
Grass may not always be greener offshore for SA listed property
More South African listed property companies and funds are expected to branch out overseas in the future, following similar moves in that direction by a number of local property companies, say property market analysts.
The Manco Debate
An important debate is taking place in listed property circles regarding the use of external management companies for day-to-day operations, acquisitions and disposals.
Competition sees some property firms distribute one-off items.
With competition increasing and listed property companies seeking to outperform each other in a buoyant market
Size can make all the difference for listed property
The market can expect to see even more consolidation in the South African listed property sector this year, with bigger players acquiring smaller companies and friendly mergers between others.
Volatility ahead
Catalyst continues to favour funds that exhibit high-quality and sustainable income streams; excellent disclosure and transparency; and management with a proven ability to perform
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