The office sector of Growthpoint Properties has opened a regional office in the premium 10,000sqm AAA-grade Menlyn Corner in Pretoria. 

Broll Property Group was the broker firm that secured the most new deals across South Africa by value for Growthpoint. 

Growthpoint Properties Limited today reported distribution growth of 7.2% to investors for the year ended 30 June 2013, outperforming its original forecast and delivering on higher performance prospects announced at its half year.

Southern Africa’s largest refrigeration and air-conditioning wholesaler, Metraclark, is expanding its existing relationship with Growthpoint Properties by substantially increasing its leased premises to 24 400sqm.

Other listed property companies are expected to follow sector heavyweight Growthpoint Properties’ lead in converting its historically complicated capital structure to one of ordinary shares.

Global fashion retailer Zara will open its fourth store in SA - in Walmer Park Shopping Centre in Port Elizabeth.

Growthpoint Properties has become the first SA REIT to introduce a new capital structure, converting from complex linked units to the straightforward ordinary share structure.

Growthpoint Properties Australia (ASX:GOZ) announced that it has agreed to acquire a portfolio of three prime industrial property developments in Melbourne, Victoria, for a total consideration of AU$60.2 million (approximately ZAR542 million). 

Growthpoint Properties today announced an exclusive five-year partnership with Dimension Data that will evaluate the viability of open-access high-speed Internet to Growthpoint’s 353 commercial and industrial properties across South Africa.

Respected high-end catering equipment company BCE Foodservice Equipment will make Growthpoint Properties’ Omni Park, in Aeroton southern Johannesburg, its new tailor-made transitional 13,000sqm business address.