PARAMOUNT Property Fund (Paraprop) declared a distribution of 12.5c for the first quarter of this year, which is 4% higher than the same period last year.

LISTED property fund Paramount Property Fund (Paraprop) believes the outlook for the property market for 2004 is reasonably good and that the economy is well positioned for growth in line with anticipated expansion in the world economy.

Cape Town - Paramount Property Fund (Paraprop) plans to grow its R906 million property portfolio again as the outlook for the property market for 2004 was reasonably good and the economy was well positioned for growth in line with the anticipated expansion of the global economy.

Claremont landmark goes to property fund for R52.5m

Paramount Property Fund Ltd has purchased five separate properties for a total of R38.55m to add to its portfolio

Struggling Rondebosch-based property trust Paramount, a self proclaimed ‘new generation’ contender, is looking to crawl out of a low yielding mire with the help of banking conglomerate Absa.

The listed property loan stock company, Paramount Property Fund (Paraprop) has concluded a deal with Absa Bank, whereby Absa will subscribe for 17 537 000 Paraprop linked units with effect from September 1 2003.

Paramount Property Fund (Paraprop), a listed loan stock company, is engaged in negotiations on several property acquisitions

One could be forgiven for feeling more than a little jittery if directors in a company in which one had investments appeared to be dumping shares left right and centre.

LISTED property loan stock company, Paramount Property Fund (Paraprop), has declared a quarterly distribution of 12 cents for the quarter ended January 2003, which is, as anticipated, a significant drop in distribution per unit compared with the same period last year.