Freedom Property Fund, the
fourth property company listing on the Johannesburg Stock Exchange (JSE) this year, last week announced it
had launched two major residential property developments in an attempt to boost
the group’s portfolio.
Residential property exposure on the JSE was mostly represented
by two sister companies, Octodec Investments and Premium Properties — However,
this is set to shift as interest in the residential sector is accelerating
amongst South Africa’s listed Real Estate Investment Trusts (REITs).
Retail assets such as shopping centres have been proving popular,
however property funds are finding opportunities within housing.
