According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-6.12%) for the month ended 31 December 2015.

Investors might be in a rush to see the back of 2015. Despite a dispirited Alsi, the property sector presents signs of good health.

Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.

Retail magnate Christo Wiese continues to back Texton Property Fund by underwriting a significant portion of a rights issue.

Aveng has concluded the sale of the majority of its South African properties to Imbali Props 21 Proprietary Limited (“Imbali Props 21”), a commercial property development and investment company within the Collins Property Group, for R1.127 billion.

Texton Property Fund has plans to dramatically increase its offshore property exposure as it diversifies away from being a pure office play.

In the year to February 2015, Tradehold has significantly expanded its property holdings in the UK while establishing a foothold in selected African property markets beyond South Africa. 

Tradehold subsidiary Moorgarth Holdings (Luxembourg) S.à.r.l, has entered into a joint venture with Texton Property Fund to each acquire 50% of Broad Street Mall in Reading, England for approximately £30,564,000.

Tradehold says work has started on its R480m regional shopping centre, which is located in the harbour town of Walvis Bay, Namibia.

Tradehold acquires a major shopping centre in Greater Manchester.