LATEST NEWS FOR Growthpoint Properties Ltd.  

Growthpoint is a Real Estate Investment Trust (REIT) company with a total property portfolio of R139.4 billion. The largest South African listed property company which owns a property portfolio of 450 directly owned properties in South Africa valued ... [more info]

V&A Waterfront set for drive-through Covid-19 testing

23 Oct 2020 /  Suren Naidoo  
In partnership with Dis-Chem.

V&A Waterfront rebounds after lockdown battering

20 Oct 2020 /  Hilton Tarrant   11
International tourists and returning office workers key to full recovery.

Investec Property Fund expects up to 35% distributions dive

30 Sep 2020 /  Suren Naidoo  
Making it the latest real estate investment trust to warn of Covid-19 earnings blow.

Attacq hit by R1.7bn SA portfolio devaluation

23 Sep 2020 /  Suren Naidoo   7
Covid-19 crunch takes its toll on group’s rental income.

Hyprop’s prime SA portfolio devalued by R4bn

22 Sep 2020 /  Suren Naidoo   11
Covid-19 exacerbates property devaluations, as distributable income takes a R434m overall knock.

What’s bothering SA’s biggest landlords?

16 Sep 2020 /  Hilton Tarrant   9
The office vacancies resulting from ‘consolidation, down-sizing, business failures and remote working' – but that’s not all.

Growthpoint’s debt surges to almost R70bn

10 Sep 2020 /  Suren Naidoo   8
But group says it still has a strong balance sheet to weather the Covid-19 fallout.

Growthpoint kry ook ‘n Covid-19-opstopper

9 Sep 2020 /  Moneyweb  
Estienne de Klerk – uitvoerende hoof, Growthpoint

Edgars store closed at V&A Waterfront

9 Sep 2020 /  Suren Naidoo   6
Centre takes back space, declining Edcon business rescue offer to stay.

Pandemic sees Growthpoint’s distributable income plunge over 16%

UPDATE
9 Sep 2020 /  Suren Naidoo   1
Property giant defers final dividend payment to December 2020

Listed property sector languishing 40% lower this year

5 Aug 2020 /  Suren Naidoo   9
The industry is facing its worst annual performance yet.

Hyprop echoes Growthpoint and L2D warning on worsening distributions

17 Jul 2020 /  Suren Naidoo   5
Double-digit declines forecast.

Vukile boss plays down pandemic pressure on property valuations

UPDATE
1 Jul 2020 /  Suren Naidoo   3
As group posts healthy full-year results.

Growthpoint warns of up to 20% decline in SA property values

UPDATE
23 Jun 2020 /  Suren Naidoo   19
Due largely to the Covid-19 economic fallout.

Edcon can be saved, say administrators

UPDATE
20 May 2020 /  Nqobile Dludla, Reuters   4
A business rescue plan will be published on June 8.

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