Catchwords

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

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

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

IFC Partners with Growthpoint Properties Ltd. to Support Green Buildings in South Africa

Johannesburg, South Africa, December 14, 2022—To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water effi...

14 December 2022

Greenovate Awards 2022: announcing the winners

University of Cape Town (UCT) continued its dominance at the Greenovate Awards 2022. UCT students triumphed to take the top spots in both the property and engineering categories of the awards, which encourage, enable and reward innovative solutions for a more sustainable...

28 November 2022

Growthpoint Properties sees Cape Town industrial rentals growing off the back of low vacancies

CAPE TOWN (7 November 2022) – Growthpoint Properties (JSE: GRT) has reduced industrial vacancies in its Western Cape portfolio to a low 0.8%, further confirming a discernible resurgence in the industrial property market.

7 November 2022

Growthpoint launches WorkAgility to meet new office demand

In a first for the South African office sector, Growthpoint Properties (JSE: GRT) has launched an agile ready-to-occupy office concept, WorkAgility, which eliminates office costs and complexity and is changing the way offices are let.

3 October 2022

Thrive Student Living by Growthpoint is opening new doors

Growthpoint Student Accommodation REIT will open three new university student residences for South Africa’s 2023 university academic year. Peak Studios on the doorstep of the University of Cape Town, Brooklyn Studios alongside the University of Pretoria and Apex Studios ...

29 September 2022

Growthpoint Properties reports full-year dividend growth of 8.4%

Growthpoint Properties Limited (JSE: GRT) delivered a 13.9% increase in SA REIT funds from operations (FFO) of R5.3bn and a 5.1% increase in distributable income per share (DIPS) of 155.6 cents for its financial year to 30 June 2022. Growthpoint’s total dividend per shar...

14 September 2022