Listed property may well be beating general equities in the total return stakes for the year to date, but the August reporting season reveals a widening performance gap among the JSE’s 20-odd property counters.
Nedbank Corporate Property Finance has approved finance to the value of R3.8 billion, creating the financial foundation for Hyprop Investments Limited to acquire 100% of Attfund Retail Limited
With yet another bricks-and-mortar portfolio Vunani Property Investment Fund made its debut on the JSE, the fourth new property listing since November.
Property analysts are not buying the reasons why Old Mutual Property decided to scrap the eagerly awaited listing of its R12bn Triangle Real Estate Core Fund
Old Mutual's decision to withdraw its planned listing of its R12bn Triangle Real Estate Core Fund had deprived investors of the chance to own some of SA’s premier retail assets, as well as the opportunity to significantly increase the listed property sector’s market capitalisation, analysts said last week.
Dipula Income Fund Limited (Dipula) has announced that it is anticipated to list on the JSE in the ‘Financial: Real Estate Holdings and Development’ sector, on Wednesday, 17 August 2011
Vunani Property Investment Fund has announced plans to list on the JSE’s main board next month via a private placement of units.

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