Listed property loan stock company iFour Properties said yesterday it had delivered a total return of 21,1% to its unitholders for the year to June.

Listed property loan stock company Paramount Property Fund (Paraprop) said on Friday that its proposed transaction with a new empowerment company led by Mvelaphanda had stalled due to shareholder resistance.

Paraprop lifts distributions as portfolio grows, costs dip

Paramount Property Fund has declared a fourth and final distribution of 15.5 cents per linked unit

Paramount Property Fund has announced the acquisition of 11 new properties with a total value of 839-million rand

Listed property loan stock company Paramount Property Fund (Paraprop) has declared a third-quarter distribution of 13c for the period to July, in line with the company's objective of maintaining moderate growth.

Paraprop maintaining moderate growth

Paraprop has boosted its distribution for the six months to April by 4%.

Pangbourne said yesterday it would be buying a portfolio of 15 properties for R125m.

The past year has seen business confidence levels in the property industry at an all-time high, fuelled by low interest rates, a relatively strong Rand and a general acceptance that inflation is under control. All of this has been good for the property industry, which has seen occupancy levels improve, rentals firm and a strong appetite for property investment.