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 past decade has seen South African property developers and investors forge their way up the African continent and then pull back.
JSE-listed South African-focused REIT Gemgrow Properties today announced its interim results for the six months ended 31 March 2019.
Market remains active with new projects announced in 2018 across the hospitality, retail and industrial sectors.
Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.
Waterfall’s Distribution Campus has been chosen as the site for the future headquarters of leading African industrial group, Torre Industries’ Torre Lifting Solutions division.

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