THE decision to diversify investment into listed property securities by property loan stock company Growthpoint seems to be paying off with the group reaping a 9,2% or R60,5m capital appreciation in three months from these investments.

GROWTHPOINT Properties could become the largest listed property fund on the JSE Securities Exchange SA if speculation that it is vying for the assets of Primegro Properties is true.

Companies announce asset-management contract has been renegotiated.

Stock buoyant: units buck market trend with 44% growth Spearhead builds on its property share success.

Listed property unit trust Capital Property Fund can expect a modest increase in earnings this year, says asset management company Property Fund Managers.

Acquisitions worth R173m announced yesterday have boosted the asset value of property loan stock company ApexHi Properties to R2,1bn.

The future of Gilboa Properties, the property investing company seeking to transform itself into a mining player, still hangs in the balance.

Sector performs better than equities despite tough conditions in market.

Two of the three cautionary notices that sparked speculation of a merger between three listed property funds, iFour, A-Prop and Bonatla, have been withdrawn.

Cupar is a property loan stock company that is expected to list next week.