SA Corporate Real Estate Fund, now the third largest listed property fund after acquisitions totalling R3,6 billion, lifted its distribution to 17 cents a unit for the six months to June 30

Rental upliftment on new industrial leases signed by SA Corporate Real Estate Fund in the six months to June 30 is very encouraging, says Craig Ewin, CEO of SA Corporate

Listed Property in South Africa is finding its way on to the buying lists of leading international pension fund/asset managers now that the sector is starting to offer the size and liquidity required by offshore investors

SA Corporate Real Estate will fund its R1bn Buffcol portfolio purchase by issuing 244,180,780 units at 395c a unit

SA's listed property funds are in a race for size that could leave the 26-fund, R94bn market cap sector with five or six giants and a few dwarves

SA Corporate Real Estate Fund said today it would fund the R1 billion Buffcol portfolio of 40 primarily industrial properties from the Collins Property Group through an earnings-enhancing issue of 244 180 780 units at a clean price of 395 cents a unit

Growthpoint Properties' phenomenal expansion path continues. In 2001 it owned all of nine buildings worth R100m. Six years on it has 427 properties in its portfolio, worth a hefty R20bn.

Property group SA Corporate Real Estate Fund has bought the Ridge Shopping Centre for R42.5 million from Capital Property Fund, it said on Monday.

The asset value of the SA Corporate Real Estate Fund would increase to more than R7,8 billion from the current R6,8 billion through the acquisition of a portfolio of 51 properties from Collins Property Group (Pty) Ltd and Buffet Investments ( Pty) Ltd, the fund said today

SA Retail today reported distributable earnings for the 12 months to March 31 of 77,7 cents per linked unit - a 9,2% growth over the 71,2 cents for the 12 months to March 06