Growthpoint Properties today announced it will be entering real estate investment in several African markets outside of South Africa.

Growthpoint Properties has targeted boosting its solar energy generation capacity to over 6MWp by mid-2016 to become one of the largest generators of rooftop solar power in South Africa.

Property Point, a Growthpoint initiative, has been named the winner of the Job Creation Award in the M&G Investing in the 

SA's real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa.

Growthpoint Properties grows its asset base from R1.5bn to about R100bn in 14 years, but the next chapter is set to be more challenging.

Growthpoint Properties has shifted its focus to its own developments as it struggles to find reasonably priced new acquisition opportunities in the local property market.

Growthpoint Properties Limited today posted distribution growth of 7.5% for its full year to 30 June 2015, delivering results at the upper end of its market guidance.

Growthpoint Properties was announced the overall winner of the 2015 IPD Direct Property Investment Award for the highest annualised direct property return.

Growthpoint Properties has significantly improved its Broad-Based Black Economic Empowerment (B-BBEE) performance, achieving a Level Three B-BBEE Contributor certification, according to Property Sector Charter.

Seven thriving small businesses were celebrated this week as they graduated from the demanding two-year enterprise development incubation programme offered by Property Point: a Growthpoint Initiative.