Growthpoint reports increased six-month distribution of 13,5%

Posted On Thursday, 28 February 2008 02:00 Published by
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Growthpoint Properties has reported distribution growth of more than 13,5% to 51,1c
Growthpoint Properties, the largest JSE-listed property company with a market capitalisation of more than R19bn, has reported distribution growth of more than 13,5% to 51,1c for the six months to December. CEO Norbet Sasse said low vacancies, increasing rentals and the company's decision to opt for in-house management were some of the factorscontributing to the strong growth.

Source: Business Day


Publisher: I-Net Bridge
Source: I-Net Bridge

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