Listed property loan stock company Redefine Income Fund is expecting 19% growth in distributions for the financial year to August next year — this due to the solid performance by its property portfolio as well as its acquisition of top-performing Cape-based Spearhead Property Holdings.

SA's listed property sector, which has been booming for more than three years, pulled back a little last month, posting a slightly negative total return of -0,79%, said Catalyst Fund Managers.

Stanlib, the country's largest unit trust company, is forecasting 15 percent growth in the listed property market over the next year.

Listed property loan stock company has announced that its distributions to unitholders for the six months ended August 31 had increased 39,8% from the same period last year

Octodec Investments attributed its substantial increase of 26,3% in distributions to unit holders for the year ended August 31 to low interest rates.

The low interest rate environment, a proactive letting approach and the containment of costs led to Octodec Investments, the listed property loan stock company, reporting sustained growth in the year to August.