Growthpoint Properties continues to proceed with caution, despite improved distribution figures, in the midst of a continuingly uncertain economic environment.
South African listed property outperformed the JSE all-share index in June, for the fourth consecutive month, according to the Property Loan Stock Association.
Property Loan Stocks continue to pique the interest of both small and large investors, thanks to strong returns tracked in the short-term and even stronger results posted over the long-term.
The purchase, in equal proportions, of South Africa’s landmark V&A Waterfront is now complete and all conditions have been fulfilled
It was once an illiquid sector strictly for insiders, but now real estate has become a much more tradable sector and contains top property assets in SA.
Leading JSE listed property company Growthpoint Properties Limited [JSE: GRT] has raised R500 million in the first corporate bond to be issued by a South African listed property company
Cape Town entrepreneurs are set to benefit from a new enterprise development initiative being launched to empower SMMEs (small, medium and micro enterprises) in the mother city by South Africa’s largest listed property company
In addition to being the best performing SA asset class year-to-date with total returns of 27.41%, up 29.90% over the past 12 months, listed property has once again excelled amongst South Africa’s top 100 companies
LEON Allison, research analyst at Macquarie First South Securities, said listed property has achieved an average total return of 20% per year for the past five years.

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