Accent is on economies of scale to satisfy clients, writes David Jackson

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 market capitalisation of the listed property stocks sector has more than doubled in the past six months.

PARAMOUNT Property Fund on the Acquisition Trail Paramount Property Fund (Paraprop), listed on the JSE Securities exchange earlier this year and rated one of South Africa's top property funds, is on the acquisition trail to boost its portfolio of properties to R1-billion by end October.