Growthpoint Properties Limited today posted distribution growth of 6% for its full year to 30 June 2016, delivering results at the top of its market guidance.

Things at the country’s largest REIT by gross assets are not looking up. Growthpoint ended 2015 on a soft note after lopping off a fortune in investors’ funds. Figures from Catalyst Fund Managers are dispiriting from an investor’s angle.

Thursday, 01 October 2015 16:41

Real estate endures despite constraints

While the local commercial property finance market has been constrained by poor economic growth, rising operating costs and low business confidence in the first half of this year, it remains buoyant, continuing the strong trend seen over the past few years, according to Nedbank Corporate and Investment Banking (NCIB) managing executive of property finance Robin Lockhart-Ross.

The SA Listed Property Index (J253) recorded a positive return of 0.04% for the month ended April 2015.

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.

Friday, 10 April 2015 23:55

Stephan le Roux

Stephan le Roux is the Divisional Director of the Retail Portfolio at Growthpoint Properties.

Published in Property Leader

Growthpoint and Acucap merger to go ahead

Thursday, 12 March 2015 12:47

Norman Whale

Norman Whale is an Independent Non-Executive Director of Acucap Properties Limited.

Published in Property Leader
Thursday, 12 March 2015 12:43

Bryan Stevens

Bryan Stevens is an Independent Non-Executive Director of Acucap Properties Limited.

Published in Property Leader
Thursday, 12 March 2015 12:33

Sello Moloko

Sello Moloko is the Deputy Chairman of Sycom Property Fund Limited and the Group Chairman of Alexander Forbes Limited. Prior to this Moloko was the Chief Executive Officer of Old Mutual Asset Management and the Deputy Chief Executive Officer of Brait Asset Managers.

Published in Property Leader
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