Vacancies in the office property market have decreased by 40% in the greater Irene area

2014 has confirmed that the listed property sector is moving from a cycle of new listings, into one of consolidation.

Oasis Crescent Property Fund rises 1.47% to R13.80 after saying it has reduced its vacancy level from 15.9% at the end of March last year to 3.2%.

Capco reports a 'strong valuation performance' for its year ended December with a 22% rise in its adjusted diluted net asset value to 249p per share.

The South African Property Owners' Association (SAPOA) is pushing ahead with a pivotal initiative to lay bare the current property tax regime in South Africa, with the appointment of Business Enterprise at the University of Pretoria in partnership with specialist consultants Rates Watch (Pty) Ltd.

Having highlighted Africa as a primary focus, the Royal Institution of Chartered Surveyors’ (RICS) global President Elect, Louise Brooke-Smith is currently visiting South Africa (February 2014) and Ghana.

South Africa’s listed property sector surged 8.2% during the week that ended on 28 June 2013, on the back of lower bond yields, a stronger Rand and some quarter-end window dressing.

Redefine International plc acquires the remaining minority interests in its Newington House‚ Ciref Malthurst and Trito Kwik-Fit entities for GBP1.9m.

Interest rate sensitive securities like listed property were also sold off aggressively by investors who were worried that bond yields would rise further. 

Vividend Income Fund, a property loan stock company listed on the JSE, returned sparkling growth in its unaudited results for the six months ended February.