Growthpoint Properties Limited has been awarded two SAPOA Innovative Excellence Awards for Green Development and Industrial Property Development.

The JSE had declined Growthpoint Properties’ request for a ruling that Redefine be precluded from voting on all resolutions relating to Growthpoint’s bid for Fountainhead’s R10bn portfolio‚ Redefine said on Monday.

Growthpoint released an announcement on 17 April 2013 leveling a number of allegations against Redefine and Fountainhead Property Trust Management Limited (“Fountainhead Manco”).

Aucor Property has today announced that its multiple commercial property auction in Johannesburg on Wednesday 17^th April was as successful, with R75 million worth of stock being sold on the day.

The battle between listed property heavyweights Growthpoint Properties and Redefine Properties for a R10bn blue-chip retail portfolio flared up anew on Wednesday, with Growthpoint digging in its heels and indicating that it has no intention of giving up on its bid.

Growthpoint says it is pushing ahead with its revised proposal to acquire Fountainhead’s portfolio despite the latter’s declaration last month that it had terminated talks in this regard.

Growthpoint Properties joins forces with Dickinson Projects to develop ready-to-go modern industrial space at Midrand Central Business Park

Redefine Properties welcomes the decision by Fountainhead’s independent committee to terminate its engagement with Growthpoint following Growthpoint’s proposal to acquire Fountainhead’s assets.