Over R350 million of 3-month senior unsecured commercial paper (CP) was made available to potential bidders

Property doyen Rodney Squire-Howe has been appointed as an independent non-executive chairman and director of the board of property investment company, Ingenuity Property Investments Ltd

Growthpoint Properties Limited’s coveted commercial property bursaries have enabled five talented young university students the opportunity to study towards a stimulating career in South Africa’s dynamic property industry

Growthpoint Properties has reported a distribution per linked unit of 59.1c for the 6 months ended December 31, 2009, from 56.3c earlier.

Growthpoint Properties Limited has disposed of two non-core buildings for a combined R261 million

While its listed peers Growthpoint, Redefine and unlisted Attfund have dived into the melting property markets in Western Europe and Australia, Resilient is making money.

JSE ALSI 40 listed company Growthpoint Properties Limited announced that its R500 million inaugural senior unsecured Commercial Paper (CP) issue has been well oversubscribed, with R1.5 billion of bids submitted

The PLS Index (J256) and PUT Index (J255) recorded total returns of 1.86% and 2.73% respectively over the same period

Moody's Investors Service has assigned Growthpoint Limited, the largest listed property company in South Africa by total assets, first time long-term and short-term Issuer Ratings of Baa2 and P2 and long-term and short-term National Scale Ratings of 'A1.za and P1.za'.

Growthpoint Properties Ltd now owns 76.2% of Growthpoint Properties Australia following the completion of this acquisition which is Growthpoint's first venture offshore and represents an investment of approximately R1.3 billion at current exchange rates.