Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

There are opportunities for listed property companies in the industrial sector, especially in developing specialised warehousing and distribution centres, say experts.

New Europe Property Investment is a story is now synonymous with robust growth.

Fortress Income Fund's development plans are given a boost as it raises R1.3bn in an oversubscribed accelerated bookbuild.

Fortress Income Fund more than doubles its B-share dividend to shareholders in the six months to December.

Construction of the R3,5 billion Clairwood Logistics Park will begin within the first quarter of 2016, creating much needed employment and business opportunities within the South Durban Basin.

Until recently, Growthpoint Properties and Redefine Properties were the largest listed South African real estate groups, leaving institutional investors with limited choice.

According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-6.12%) for the month ended 31 December 2015.

Investors might be in a rush to see the back of 2015. Despite a dispirited Alsi, the property sector presents signs of good health.

Sunday, 13 December 2015 13:17

Listed property shows signs of flagging

There are signs that the South African listed property sector's strong run is ending.

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