South Africa’s listed property sector advanced 0.5% during the week ending 10 May 2013, as bond yields drifted higher and the Rand weakened against the US dollar. 

The listed property sector has returned 18.8% for the year-to-date, significantly outperforming both the bond and equity markets (week ended 3 May 2013). 

Hyprop Investments, a shopping mall owner with clients including Body Shop and Timberland, wants to raise almost R1bn in bonds to reduce its debt-servicing costs.

Operating cost increases continue to have a negative effect on income growth in the commercial property sector.

South Africa’s listed property sector gained 1.4% during the week ended 15 February 2013. Since the start of the year, both the listed property sector and the FTSE/JSE All Share Index have returned 3.7%, while the bond market has returned just 0.6%.

The sudden resignation of Redefine Properties joint CEO and director Wolf Cesman for 'personal reasons' has caught the market off guard.

Listed property sector can expect a quiet year due to property price volatility.

Although there is likely to be corporate activity in the form of mergers, even they will be affected by the pricing of units

The listed property sector lost 7,4% of its value over the past week as a weak rand and surging oil price weighed heavily on sentiment in the bond market

The listed property sector has bounced back from its low in the middle of last month, rising 7,5% in value