Invitation of township or residential property markets
If funds in the listed property unit trust and property loan stock sectorwant to be rated as a preferred stock by asset managers, they need to deliverdistributable earnings growth in the region of 5%.
The Competition Tribunal has unconditionally approved the merger between construction group Murray Roberts Limited (MUR) and the Cementation Company
Programme and Registration form for the IPD Valuation Conference 2004
Some of South Africa's major cities are undergoing a quiet revolution as the trend towards inner city rejuvenation begins to gather pace - facilitating a surge of growth and increased confidence and investment.
Growthpoint Properties Limited, South Africa’s largest listed property loan stock company in terms of total assets and market capitalisation announced yesterday that it had entered into agreements to acquire the bulk of the commercial property portfolio owned by the Lyons Corporate Lease Fund.
In the IPD South Africa Property Databank results for 2003, Capital Property Fund has delivered the strongest returns and was ranked first out of 21 portfolios included in their latest index, exceeding the average total return of 15,1% by a significant margin.
Reaction to the six month results ending December 31st 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "exclusive category of real performers on the JSE Securities Exchange".
THE controversial Coega industrial development zone offers "enormous" potential value to the country's much-vaunted motor vehicle industry as it could present a solution to the industry's logistical woes.

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