JSE-listed Ambit Properties’ cross-border investment in Oryx Properties Ltd, Nambia, is bearing fruit.
Listed property performed well in September with the SA Listed Property Index showing that the sector delivered total returns of 3,41%, said a report by Catalyst Securities
PUBLIC Works Minister Stella Sigcau said yesterday that 30% of the construction industry should be required to be in black hands by 2008, and the figure should be increased to more than 45% from 2009 onwards.
Listed property loan stock company Redefine Income Fund reported solid financial results yesterday, announcing a 7,56% increase in distributions to unitholders for the year ended August .
The Isibaya Fund, said yesterday that it had invested R105 million in the Futuregrowth Community Property Fund.
Listed property portfolio management company Provest says it believes the listed property sector will see more specialist property funds focusing on certain property or geographical sectors.

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