Vunani Property Investment Fund has announced plans to list on the JSE’s main board next month via a private placement of units.

Although SA’s listed property as an asset class returned a negative 0,25% last month, the sector is still an attractive alternative to cash and bonds and was outperformed only by equities in 12 months.

Capital Property Fund’s focus on selling poorer quality properties at the top of the property cycle and acquiring properties in prime nodes with corporate tenants is paying dividends.

A number of comentators present their outlook on the listed property sector amidst a local rising inetrest rate and a global inflationary environment

Blue-chip listed property loan stock company Hyprop Investments on Tuesday reported an 18,2% surge in distributions to 130c for the six months to June.

At the moment the sector is doing extremely well from a fundamental on the ground nuts and bolts kind of view

Strong property fundamentals, improved letting and cost containment helped boost Growthpoint Properties’ distributions 14,5% to 93,1c, a linked unit for the year to June

Diversified Property Fund has reported strong growth in distributions for the year to June with a 16,51% increase on the annualised distribution for the previous nine month period to June last year

Developments will be coming on stream

Growthpoint Properties has announced it is opting for an in-house management strategy