Fairvest grows distribution 10.29% for the year to June on strong letting and careful cost management.
Emira Property Fund, which could be taken over by Arrowhead Properties, may receive offers from other suitors.
SA's listed property companies struggle to find well priced acquisition opportunities and takeovers are becoming more difficult to achieve now as there are no easy targets.
SA's listed property companies struggle to find well priced acquisition opportunities and takeovers are becoming more difficult to achieve now as there are no easy targets.
Emira Property Fund becomes the first listed real estate company to forecast negative distribution growth in the coming results season.
Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.
More South African-listed property funds are looking to Australia for offshore expansion because of its better finance costto-yield spread.
Consolidation in the listed property sector is being stalled by volatile markets, with investors reluctant to sell their stock at existing prices.
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