Vukile Property Fund announced it is to acquire a 50% share in the East Rand Mall in Gauteng for a consideration of R1.115 billion

Dipula Income Fund today reported it has met its forecast for the year ended 31 August 2012 as set out in the pre-listing prospectus.  Total distributions for the year are 79.370 cents per A-linked unit and 60.821 cents per B-linked unit.

Listed property sector can expect a quiet year due to property price volatility.

Another big property deal has fallen through because of listed property price volatility and the caution of the banking industry, which is tightening funding requirements or increasing funding margins.

SA Reit has been busy since it relisted from the JSE late last year as a new-look, recapitalised property investment and development company

Listed property loan stock companies SA Reit and Redefine Income Fund will redevelop a Cape Town central business district (CBD) site to create a state-of-the-art 18-storey office block valued at more than R600m.

Listed property investment and development company SA Reit says the first phase of redevelopment of the properties in its portfolio would begin next year

There are opportunities for new property listings on the JSE despite an “incredibly competitive market” and low capitalisation rates, says Paul Duncan, investment analyst at Catalyst Fund Managers

Shops For Africa Ltd, which has been operating under a cautionary since early June 2007, is planning to relist on the JSE as a new look, recapitalised property investment and development company to be called SA REIT LTD