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The company has entered into a deal to acquire a controlling interest in Australia’s Orchard Industrial Property Fund for R1,3bn.

Growthpoint has an excellent risk diversification both geographically and sectorally.

SA listed property stocks have outperformed local equities despite the downturn in global financial markets.

Growthpoint Properties' market perfomance has resisted the downward trend and ended 5,25% up.

SA-listed property outperformed SA equities by an impressive 18% when measuring total returns

Since June 2008 listed property loan stock companies have staged a comeback, says Gerhard van Zyl, Chief Executive of Vukile Property Fund which is a member of the Property Loan Stock Association of South Africa

Equity index provider MSCI Barra has announced that it will be adding South African real estate company Growthpoint Properties Limited to the MSCI Emerging Markets stock index

Growthpoint Properties Limited announced 14,4% growth in distribution per linked unit for its financial year ended 30 June 2008, with both the company’s earnings and its distributions outperforming forecasts

Growthpoint Properties Limited has secured R2 billion in additional debt facilities comprising an unsecured 5-year loan from Nedbank Corporate Property Finance – the largest unsecured facility to be granted to a South African property company

Listed property loan stock company Growthpoint Properties had secured R2bn in additional debt facilities to help fund its R4bn development and acquisition pipeline, it said yesterday.