Proposed 3-way merger between Rebosis,Delta and Ascension will create the first sizable black-managed property portfolio to rank among the R280bn listed property sector's top 10 companies in terms of size.

Growthpoint and Redefine are the two largest real estate investment trusts, with a diversified exposure to commercial properties in the retail, office, and industrial sectors.

Redefine Properties has delivered an 8% increase in its distribution per unit to 36.40c in the six months to February compared with the year-earlier period.

The 2013 Global Tenant Survey by the Building Owners and Managers Association International (Boma) has identified health and hygiene amenities as a latent opportunity for property developers and owners.

Smaller property funds are finding it difficult to compete in making acquisitions because of the increased cost of funding, this makes them targets for takeover by larger rivals.

Redefine and Annuity Properties informed the market that they have agreed that Redefine will acquire the entire issue capital of Annuity by way of a scheme of arrangement, and Annuity's asset and property management companies.

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

SA investors should add listed property stocks to their portfolios this year due to their track record in beating inflation better than cash‚ bonds and certain other equity investments, says Grindrod.

South Africa’s listed property sector can expect another interesting year in 2014 according to Redefine Properties CEO Marc Wainer, who predicts interest rates will be one of the most important underlying forces for the sector.

Fountainhead chairman Michael Kirchmann hails 2013 as a 'momentous year' for Fountainhead.