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.

South African listed property once again ranked high among the country’s top companies earning the most for shareholders.

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.

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.

The R420 million revamp and expansion of Vaal Mall, in Vanderbijlpark is well underway and will see it increase in size to 65,000sqm.

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
Thursday, 12 March 2015 10:48

Paul Theodosiou

Paul Theodosiou is the Chief Executive Officer of Sycom Property Fund Limited. He is also the Managing Director of Acucap Properties Limited. 

Published in Property Leader

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.

Acucap shareholders vote to join Growthpoint.

Page 1 of 11

Most Popular

SA property prospects as we look beyond COVID-19 lockdowns

Jun 11, 2020
John Loos FNB Property Economist
“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new…

University of Fort Hare construction resumes

Jun 18, 2020
Construction of UFH Student Housing
Following two months of hard lockdown, the development of a 2 047-bed student village at…

The success of online Property Auctions

Jun 05, 2020
The current state of the economy brought about by many factors including the Covid 19…

Grit to improve liquidity, save costs through proposed JSE de-listing

Jun 11, 2020
Bronwyn Corbett Grit
London Stock Exchange listed Grit announced its intention to de-list from the JSE.

Estate Agency Affairs Board to re-open its doors this month

Jun 13, 2020
Mamodupi Mohlala
The Estate Agency Affairs Board (EAAB) will re-open its Sandton, Johannesburg offices…

Please publish modules in offcanvas position.