Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.

In the last decade, SA REITs have proven their ability to operate successfully on the international stage and play in almost any market in the world. But does this make them truly global real estate players?

In a landmark partnership for collective economic growth in South Africa, the Department of Small Business Development (DSBD) is joining forces with Property Point, a Growthpoint Properties initiative, to develop more small businesses for South Africa’s property sector.

Growthpoint Properties today introduced the first electronic bike hubs to Sandton Central in a pilot project that pioneers a new, convenient and environmentally innovative alternative mode of transport for South Africa’s financial hub.

Ten thriving small businesses have graduated from the rigorous two-year enterprise development incubation programme offered by Property Point: a Growthpoint Initiative.

Tuesday, 21 July 2015 15:46

Prime office space still in demand

Although high office vacancies continue to plague the listed property sector, there has been some respite in the second quarter of this year.

Growthpoint Properties Limited today reported distribution growth of 7.5% for its six-month interim period to 31 December 2014, delivering performance at the top end of its market guidance.

South Africa’s commercial real estate sector welcomed the announcement by Minister of Finance Nhlanhla Nene in his budget speech yesterday that National Treasury is supporting, and working towards, extending South Africa’s REIT (Real Estate Investment Trust) dispensation to unlisted property-owning companies.

Wednesday, 11 February 2015 16:24

Estienne De Klerk

 Estienne de Klerk is the Fund Executive for Growthpoint Properties. 

Published in Property Leader

Growthpoint Properties proudly celebrated the opening of a new youth centre in Marburg, Port Shepstone, KwaZulu-Natal on Tuesday, 25 March 2014.'

Page 1 of 5

Most Popular

Vukile transforms Pinetown’s first shopping centre, Pine Crest, into the first choice for shopping

Jul 25, 2019
 ITUMELNG MOTHIBELI
The renovated new Pine Crest launched today after an innovative R200m, 14-month…

Successful construction of CrestAquarium by Concor Buildings

Jul 25, 2019
 CRESTAQUARIUM 1
The indoor CrestAquarium at Cresta Shopping Centre allows shoppers to view more than 30…

The next wave of property development in Africa is coming

Jul 31, 2019
 NIYI ADELEYE
The past decade has seen South African property developers and investors forge their way…

Sandton Central’s private sector green building leadership contributes to better public spaces

Jul 25, 2019
 ELAINE JACK
From 2010, when Nedbank completed its headquarters on the corner of Rivonia Road and…

Centurion Mall, Redefine’s largest asset after comprehensive refurbishment

Jul 25, 2019
CENTURION MALL 1
The JSE-listed diversified real estate investment trust Redefine Properties today…

Please publish modules in offcanvas position.