The competition between two listed rival property groups Vukile Property Fund (VKE) and Apexhi properties to get a lion's share of listed property group MICC Property Income Fund (MCP), (APE) remains tight and far from over.

Increasing demand for prime property is pushing South African property capitalization rates close to 8.25% thereby mimicking the long-bond rates, but as long as there is potential for real earnings in the sector, explains JHI Real Estate chairman Les Weil, this should not cause concern.

Listed loan stock company, Pangbourne Properties Ltd, has appointed four new directors to its board.

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.

Listed property loan stock company reported positive maiden interim results on Friday, announcing that its distributions to unitholders were 4,7% higher than its initial forecast

The past 18 months have seen a flurry of corporate activity in the listed property sector with property acquisitions, mergers and new listings invigorating the sector and commentators expecting this trend to continue in the medium term.

Analysts expect acquisitions and listings to continue in the medium term

Furthering its strategy of growth through acquisition, Prima Property Trust today announced its purchase of a portfolio of properties for R82 million from Ellerine Holdings.

Property funds are different from most listed companies.

Listed property loan stock heavyweights Hyprop Investments and Redefine Income Fund are for the first time collaborating on a shopping centre development on the south coast of KwaZulu-Natal.