The listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years.

Private developers are playing an increasingly important role in growing the listed property sector as good quality commercial properties become scarcer.

Metboard Properties forced to reduce rentals on certain leases to lower market-related rentals.

Metboard announced a total distribution of 40,17 cents per link unit

Metboard intends to expand its portfolio by actively seeking industrial clients that wish to grow and that require a focused and established property fund to assist them in meeting their property needs.

Investec Property Group has acted quickly to nip in the bud a case of alleged fraud at Metboard Properties, a listed fund it manages.

Metboard Properties Limited’s market capitalisation has exceeded R1 billion for the first time resulting from the continued growth of the fund and the buoyant performance of the listed property sector.

IndustrialL-focused listed property fund Metboard Properties has exceeded its own expectations, reporting a 2,8% rise in distributions to unitholders for the six months ended September 30 compared with the same period last year.