Growthpoint Properties Limited has announced that it has issued R200 million of 3-month senior unsecured commercial paper (CP)

For many investors, Growthpoint is a good proxy for the property sector. It is in the Alsi 40, with a R26bn market cap. It has a similar split to the overall property market, with 42% in offices, 36% in retail and 22% in industrial property. In the year to June, however, the increase in Growthpoint’s distribution (dividend) was below the listed property sector’s at 5,8%.

After the economic shot in the arm provided by the 2010 World Cup, the retail sector in Africa’s largest economy is knuckling down to assess how to maintain, encourage, and identify untapped opportunities for retail growth in the months to come

Growthpoint Properties has reported that its distribution growth for the year ended June 2010 increased by 5.8% to 121.2c per linked unit.

Growthpoint Properties Limited has exceeded its distribution forecast for the year ended 30 June 2010 achieving distribution growth of 5.8%

Emira Property Fund announces a distribution of 108.08 cents per participatory interest (PI) unit for the 12 months ended 30th June 2010 – 6.75% up on the previous year

South Africa's largest listed property group Growthpoint Properties announced on Tuesday that Growthpoint Properties Australia (GOZ) has acquired a portfolio of seven direct property assets from the Property Solutions Group for AUS$172 million.

Vukile Property Fund has warned that increases in electricity prices and higher municipal rates would push tenants’ costs higher, which is likely to have a negative effect on rental affordability.

Property Point, a ground breaking SMME development and upliftment initiative by JSE-listed property company Growthpoint Properties, moves into its second phase

Growthpoint Properties has rolled over R350 million of 3-month senior unsecured commercial paper, which expired on 12 May 2010.