Listed property loan stock heavyweight Growthpoint, which is the largest property company on the JSE, has managed to conclude a significant empowerment deal with no dilution to existing unit-holders.
Much is changing on the South African Real estate scene. Traditional institutional investors are listing major portions of asset portfolios and large owners are divesting in certain market segments and specialist funds and opportunistic investors are moving into these investments with evident success. How sustainable are these trends?
The listed property market has been enjoying a rally in share prices in the past few weeks. This is ahead of the Monetary Policy Committee meeting scheduled to take place at the end of this week - on November 27 and 28 - after which, according to speculation, the repo rate will remain unchanged.

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