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
Page 1 of 9

Most Popular

Sectional Title Trustees and Homeowners Association directors face COVID-19 liability

May 22, 2020
Marina_Constas_BM_Law
The Covid-19 pandemic and South Africa’s lockdown regulations are impacting all aspects…

Deeds office reopen their doors to the public

May 09, 2020
Carlize Knoesen
The Department Agriculture, Land Reform and Rural Development has announced the reopening…

2020 Commercial Property Outlook –Why Property Price/Valuations Indices don’t tell the full story of market weakness during a deep recession

May 09, 2020
John LoosFNB
In a downturn, Property Market Values can deviate dramatically from the market…

Dipula drops vacancies by almost 30% and concludes R370m new leases for 29 Feb 2020 interim results

May 18, 2020
Izak_Petersen_mdos3o
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced…

Development to bring residents closer to economic activities

May 19, 2020
Lindiwe Sisulu
Human Settlements, Water and Sanitation Minister, Lindiwe Sisulu, has declared 136…

Please publish modules in offcanvas position.