The South African listed property sector is arguably the fastest-growing sector on the JSE, with about six new property funds having listed on the main board of the exchange in the past two years.

Listed property loan stock heavyweight Growthpoint, which is the largest property company on the JSE, has managed to conclude a significant empowerment deal with no dilution to existing unit-holders.

Listed property unit trust Emira Property Fund reported solid June year-end results with a 15,9% increase in distributions on an annualised basis.

Newly listed property unit trust Emira Property Fund yesterday reported an increase in its distributions for the six months to December of 11% on those of the previous six-month period.

The past 18 months have seen a flurry of corporate activity in the listed property sector with property acquisitions, mergers and new listings invigorating the sector and commentators expecting this trend to continue in the medium term.

Analysts expect acquisitions and listings to continue in the medium term

Listed property unit trust Emira Property Fund has committed itself to the purchase of a convenience shopping centre, to be developed in Pretoria.

Property unit trust Emira Property Fund, which listed on the JSE Securities Exchange SA in November last year, has managed to significantly reduce vacancies in its property portfolio, having let about 20552m² of space in the past seven months.

Listed property unit trust Emira Property Fund has named wellknown former property analyst James Templeton new CEO of Strategic Real Estate Asset Managers, the fund's asset managers

Mr. J Templeton has been appointed as Chief Executive Officer/Executive Director on the board of Strategic Real Estate Managers (Proprietary) Limited