A diverse array of residential and commercial properties with lucrative investment potential are available to purchase on BidX1 South Africa’s next on-line auction on 6 November 2019.

The message is out – Cape Town is open for business, and with tourism numbers expected to climb to 21 million by 2030, mixed-use residential developments offering exceptional accommodation are in high demand, says Pam Golding Properties.

Cape Town is open for business, and with tourism numbers expected to climb to 21 million by 2030, mixed-use residential developments offering exceptional accommodation are in high demand, says Pam Golding Properties.

Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.

The generally market-friendly election outcome will in all likelihood create a degree of certainty and stability and go some way towards addressing the issues currently affecting  confidence in the South African economy - and as a consequence have a positive effect on the South African residential property market, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. South Africa currently has a predicted annual infrastructure spend of US$50bn a year by 2030.

Growthpoint Properties today announced 5.9% growth in distributable income to R3.1bn with revenue from the group increasing 4.3% for its half-year to 31 December 2018, representing dividend growth of 4.5% per share for investors.

Growthpoint Properties continues to grow internationally with a further ZAR908 million investment in Australia.

Growthpoint Properties has completed the R44 million first phase of its new development at Mill Road Industrial Park in Cape Town, which includes a 5,000sqm facility for Laser Logistics.

Growthpoint Properties has completed the R44 million first phase of its new development at Mill Road Industrial Park in Cape Town, which includes a 5,000sqm facility for Laser Logistics.

Page 2 of 9

Most Popular

Repo rate unchanged at 3.5%

Mar 25, 2021
Lesetja_Kganyago_SARB_Governor
The Monetary Policy Committee has decided against altering the repo rate, deciding to…

Park Village Auctions brings to market a well Designed Factory with Offices

Apr 05, 2021
Default Image
Park Village Auctions brings to market a well Designed Factory with Offices

The Business Exchange announces new Dollar-based investment opportunity for South Africans

Apr 06, 2021
David_Seinker_CEO_The_Business_Exchange
Serviced office space provider The Business Exchange (TBE), in partnership with Maxcity…

Absa partners with Amdec Group to bring iconic Harbour Arch development to fruition

Mar 30, 2021
Harbour _Arch_Context
Absa Bank has partnered with Amdec Group, South Africa’s leading developer of new urban…

Growthpoint completes Cintocare Hospital development - the first of its kind for Africa

Apr 06, 2021
Street view of the Cintocare Hospital
A 11 000 sqm specialised surgical hospital development by Growthpoint Properties (JSE:…

Please publish modules in offcanvas position.