SA's real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa.

Growthpoint Properties grows its asset base from R1.5bn to about R100bn in 14 years, but the next chapter is set to be more challenging.

Growthpoint Properties has shifted its focus to its own developments as it struggles to find reasonably priced new acquisition opportunities in the local property market.

Growthpoint Properties Limited today posted distribution growth of 7.5% for its full year to 30 June 2015, delivering results at the upper end of its market guidance.

Growthpoint Properties was announced the overall winner of the 2015 IPD Direct Property Investment Award for the highest annualised direct property return.

Growthpoint Properties has significantly improved its Broad-Based Black Economic Empowerment (B-BBEE) performance, achieving a Level Three B-BBEE Contributor certification, according to Property Sector Charter.

Seven thriving small businesses were celebrated this week as they graduated from the demanding two-year enterprise development incubation programme offered by Property Point: a Growthpoint Initiative.

Greening in the South African commercial property sector has reached a significant milestone with 100 Green Star SA certifications by the Green Building Council SA.

Growthpoint Properties Australia’s (GOZ) share price has increased three-fold in ZAR terms in the six years since Growthpoint Properties acquired a controlling stake in the ASX-listed company in 2009.

When Redefine Properties unexpectedly announced in August last year that founder Marc Wainer would step down as CE, shareholders no doubt had a few sleepless nights.

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