Analysts and property managers are stressing that when property counters are compared, the source of their returns must also be given equal attention.
With its prime location in the Sandton central business hub, the A-grade offices of 138 West Street have been proclaimed the latest in Growthpoint’s new series of Smartmove buildings.
Property Point has already enabled South African small businesses to generate over R217.4 million in procurement opportunities and report revenue growth of 27.5% well above the national average.
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.
Growthpoint Properties is investing R117.3 million in a new green office development, dubbed The Boulevard, in its latest investment in the Parkside precinct of Umhlanga New Town Centre.
Ragavan Moonsamy is a Director of Kascara Financial Services. He is also a Managing Director for Unipalm Investment Holdings Limited, and a Non-Executive Director for Growthpoint Properties Limited.

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