Catchwords

Cushman & Wakefield | BROLL secures new distribution facility for Edward Snell & Co. with Growthpoint

In a significant industrial property deal, Cushman & Wakefield | BROLL has arranged the development of a new 28,380sqm distribution facility for South Africa’s largest independent spirits group, Edward Snell & Co. by South Africa’s largest REIT, Growthpoint Prope...

22 March 2023

Growthpoint Properties reports half-year DPS growth of 4.6%

Growthpoint Properties Limited (JSE: GRT) delivered a 4.6% increase in half-year dividend per share (DPS) to 64.3cps and 2.3% growth in SA REIT funds from operations (FFO) of R2.7bn for the six-month period to 31 December 2022. Distributable income per share (DIPS) was a...

15 March 2023

Growthpoint acquires KZN logistics asset for R136-million

Growthpoint Properties (JSE: GRT) has acquired a 13,870sqm prime logistics property in Keystone Park in Hammarsdale, KwaZulu-Natal, for R136-million, furthering the rebalancing of its sizable industrial property portfolio.

7 March 2023

Vaal Mall gets a powerful infrastructure boost

· A new roof and a rooftop solar installation of 2.5MW, the mall’s second solar plant

6 March 2023

HOW LONG CAN YOUR BUSINESS GO WITHOUT GRID POWER?

How long can your business operate without Eskom grid electricity? Two hours? Two days? Two weeks? More importantly, how long should it be able to operate without electricity? This is one of the most important questions businesses in South Africa should be asking right n...

27 February 2023

Growthpoint’s Trade Park Phase 2 to meet growing demand for industrial space in KZN

Growthpoint Properties (JSE: GRT) has broken ground on Phase 2 of Trade Park, a prime industrial park in the Mount Edgecombe industrial precinct in KwaZulu-Natal, north of Durban. This R180m development is in response to overwhelming demand for, and a genuine scarcity of...

27 February 2023

Growthpoint’s major upgrade of The Place at 1 Sandton Drive provides a window to the workplace of the future

Growthpoint Properties (JSE: GRT) has undertaken the major aesthetic refurbishment of its landmark office property at The Place at 1 Sandton Drive in Sandton Central, and its own Gauteng head office, which is in the building. The refreshed office building showcases ameni...

22 February 2023

Emira grows dividends by 17.4% per share, boosted by its US assets

Emira Property Fund (JSE: EMI) announced a 17.4% increase in its cash-backed dividend of 66.43cps and growth in distributable income per share of 15.0% for the six-month interim period to 31 December 2022 versus the same period in 2021. Its net asset value per share incr...

15 February 2023

Fairvest completes renewal of Pretoria office building, 2Twenty Madiba

Fairvest Limited (FTA & FTB – listed on the JSE and A2X), which is a diversified REIT, has completed an aesthetic refurbishment of the landmark offices at 220 Madiba Street in central Pretoria. The upgrade of this asset secures its future relevance, appeal and compet...

7 February 2023

Growthpoint powers SA business through load-shedding

Growthpoint Properties (JSE: GRT) is going to great lengths to ensure its buildings and tenants’ businesses remain powered up during South Africa’s electricity crisis resulting from Eskom’s more frequent and longer load-shedding outages.

6 February 2023