Catalyst Fund Managers’ recent report on the listed property sector provides for some interesting perspectives, including how a particular growth strategy through potential hostile take-over bid, could shape up

Oasis Group Holdings, the asset management group, has recommended to clients with Fountainhead units not to accept Redefine’s proposed acquisition of the property unit trust

Phase 2 refurbishments to Jewel City, a high-security district in the eastern part of the Johannesburg CBD and located adjacent to the Maboneng Precinct, were completed this month

Redefine views the acquisition of the Fountainhead management company as the key to Redefine being able to acquire the R10 billion of assets of Fountainhead, including further down the line disposal opportunities

Funding via the bond market is considered as more transparent than conventional debt, with listed property funds accessing capital at more attractive rates

Acquisition strategy appears reasonably conventional with a slant for less trodden locations

Gerald Leissner, Redefine independent non-executive director, resigns from the board

SA's new real estate investment trust legislation has been earmarked for finalisation in 2013.

Vunani Property Investment Fund has approved the acquisition of the Foretrust Building in Cape Town as a going concern from Redefine Properties for an amount of R249.5m.

Property loan stock company Arrowhead Properties is set to list on the JSE's main board.