Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.
Marriot says the unitholders of rival listed property fund Hyprop Investments stand to lose out if Hyprop proceeds with its takeover plans of SA Retail.
Property loan stock company Redefine's sparkling results (Companies April 22) have revived the debate about whether property funds listed on the JSE should be pure or "hybrid".
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.
Hyprop currently has an offer out on SA Retail. Lindsay Williams gets Simon Pearse, chief executive of competitor Marriott Property Services (Martprop) on the line about that offer
The race is now on between Murray & Roberts and Wilson Bayly Holmes-Ovcon to conquer smaller rival Concor
SA Retail Properties has been on a unitholder roadshow to promote a planned transaction with Martprop.
Listed property loan stock company Hyprop Investments is confident that SA Retail Properties unitholders will support its hostile takeover bid of the company.

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