Growthpoint Properties Limited today announced a 7.2% growth in distributions, to 72,7 cents per linked unit, for the six-month interim period to 31 December 2012. The distribution growth is significantly ahead of original market guidance of 6.1%. 

With his wealth of financial and accounting experience, Gerald Völkel has been appointed Financial Director of Growthpoint Properties Limited, South Africa’s largest listed property company. 

Listed property outperformed cash, bonds and equities in 2012 with total returns of 36% to become South Africa’s best performing asset class for the fourth consecutive year.

The JSE public consultation process on the proposed changes to its Listing Requirements to allow for creating REITs (Real Estate Investment Trusts), which takes South Africa another step closer to REITs reality, closes this Friday, 25 January 2013.

South African listed property once again ranked high among the country’s companies earning the most for shareholders. The sector featured strongly overall, with 16% of all companies performing in the top 50 over five years being listed property companies - based on share-price growth and investor returns. 

Growthpoint Properties Limited is breaking new ground for commercial real estate globally by introducing an innovative new deposit-free lease.

Wednesday, 24 October 2012 08:03

Bidding war for Fountainhead begins

Growpoint, the JSE's biggest property company with a market capitalisation of about R44bn, on Tuesday started a bidding war against Redefine, the JSE's second biggest weighing in at about R29bn, for Fountainhead Property Trust's R10.3bn portfolio.

Thursday, 30 August 2012 10:57

Growthpoint performs optimally

Growthpoint Properties Limited announced a 6.1% growth in distributions, to 139,0 cents per linked unit, for the financial year ended 30 June 2012, continuing its record of delivering distribution growth to its investors

The PLSA reports that for the last 12 months to the end of February 2012, SA Listed Property recorded the highest total return of any asset class at 21.75%

Thursday, 23 February 2012 02:00

Property through the Growthpoint lens

There are many facets that have to be considered and balanced when being the biggest internally managed listed fund in SA

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