Growthpoint Properties Limited, South Africa's leading real estate investment trust (REIT), announced it is commencing a landmark residential and retail development, Olympus Sandton, in partnership with leading luxury residential developer Tricolt.

Growthpoint Properties (JSE: GRT) is applying its development expertise to unlock sustainable value for La Lucia Mall, one of its core property assets in KwaZulu-Natal and a jewel in the crown of its retail property portfolio in the province.

Lakeside Mall, Benoni, has introduced two new anchor tenants in the form of Pick n Pay and Dis-Chem to its 130-strong retailer mix and concluded the final phase of a three-year, R135-million upgrade programme.

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