Growthpoint acquired the 40 000m2 regional shopping in Rustenburg for R284.6 million and, in addition, purchased an 3 hectare parcel of vacant land adjoining this regional shopping centre for R10 million.

Waterfall Mall will further enhance Growthpoint's high-quality property portfolio with a balanced sectoral spread favouring retail which includes exposure to 28 shopping centres including ten regional and dominent malls.

For further information, please contact:

Growthpoint Properties:

Norbert Sasse on 083 632 1599 or 011 286 7306, or
Marketing Concepts, Sandy Davey on 011 880 2213.