Big funds red in tooth and claw have appetite and muscle to swallow their peers

Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.

Listed loan stock company will appoint an independent financial adviser to consult on an offer made by Hyprop to buy all of its linked units.

Listed property loan stock company's takeover bid for competitor SA Retail Properties is an attractive offer for unit holders.

Property loan stock company has unveiled a hostile takeover bid for competitor SA Retail Properties, saying it intended to acquire all the linked units in the company.

Leading property loan stock Hyprop Investments today announced its intention to acquire all of the linked units in listed property fund SA Retail Properties.

Most of the 11 listed property funds and companies that reported interim and year-end results last month recorded solid distribution growth to their unitholders.

MD gives retail portfolio the credit.

Stanlib, the country's largest unit trust company, is forecasting 15 percent growth in the listed property market over the next year.

Provest Private Clients' Chris Hansen gives the outlook for 2005