The listed property sector has shown daily growth in the past week after showing mixed movement earlier this month.
Arnold Property Fund is set to be restructured by its fund managers in an attempt to resuscitate the ailing property loan stock company.
After a slump in interim income distribution, unit holders will be overjoyed to learn that management has taken "the first step in a process that will
see Paraprop establishing itself as a leading niche property loan stock". This message of hope, from MD Rodney Squire-Howe, could well beg the
question from your average cynic: What have they been doing up to now?Taking a chance on a capital structure that blew up in their faces is a fair
reply.
Absa has probably saved Paraprop management by taking a R62m stake (34%) in this property loan stock company (PLS).
When William Shakespeare wrote "what's in a name" he could just as well have had Compass Property Holdings in mind. Far from being a property company, Compass is a new breed of debenture-based investment animal housed in the corporate debt sector.
LISTED property loan stock company SA Retail Properties announced yesterday it was well positioned to increase earnings and market share next year.
Paramount Property Fund (Paraprop), a listed loan stock company, is engaged in negotiations on several property acquisitions

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