Property loan stock company Vividend Income Fund says it has entered into an agreement with Vusani Property Investments to acquire a portfolio of retail and commercial properties for R790m.

Listed property comfortably continues to outpace inflation and the JSE, but one risk factor lies in rising bond yields.

South African listed property outperformed the JSE all-share index in June, for the fourth consecutive month, according to the Property Loan Stock Association.

Property loan stock company Vukile shrugged off a sluggish economic recovery to increase its full year distribution to linked unitholders by 9% and to grow its net asset value by 7.6% in the 2010 financial year

Property Loan Stocks continue to pique the interest of both small and large investors, thanks to strong returns tracked in the short-term and even stronger results posted over the long-term.

Property loan stock company Vukile Property Fund said yesterday it was looking at expanding its retail offering to underserved rural areas and previously disadvantaged areas across the country

Killarney Mall owner Octodec has posted a small drop in distributions to 65c for the six months to February, from 65.1c in the first half of last year.

Vukile Property Fund is to acquire the Giyani Plaza retail centre in Limpopo from Sanlam Life Insurance for R68.25m.

Property loan stock company, Vividend Income Fund says it is continuing to investigate new value-enhancing property assets as it grows its portfolio.

Property stock prices have had an overdue shake-out this year, falling 10% since January in their biggest setback since 2008. It’s a shake-out that could present a buying opportunity with the potential of solid future returns.