Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.

Growthpoint Properties continues to grow internationally with a further ZAR908 million investment in Australia.

Growthpoint Properties has launched South Africa’s first unlisted healthcare real estate investment trust (REIT), Growthpoint Healthcare Property Holdings.

Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.