Struggling property funds wanting to delist to preserve cash might need to think again because they will need to be guaranteed the support of SA’s private investment community, which is unlikely, say stockbrokers and fund managers.

Property funds focus on paying income to investors but weak operating conditions have led to income payouts being cut across the sector. By delisting, funds would not have to pay regular dividends, but these companies will still need access to capital from private sources.  ..

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