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LATEST NEWS FOR Growthpoint Properties Ltd.  

Growthpoint is a Real Estate Investment Trust (REIT) company with a total property portfolio of R166.7 billion. The largest South African listed property company which owns a property portfolio of 506 directly owned properties in South Africa. Growth... [more info]

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.

Growthpoint provides rent relief to nearly 1 500 small firms

18 May 2020 /  Nqobile Dludla, Reuters   1
Group says it granted R200m in relief to SA retail, office, industrial and healthcare tenants over April and May.

Major malls will still be hit hard if Edcon business rescue fails

UPDATE
30 Apr 2020 /  Suren Naidoo   15
Despite its 'downsizing' the clothing group remains a major tenant with 730 stores and a million square metres of prime retail space countrywide.

Covid-19: Priority is to save smaller retailers, say landlords

UPDATE
31 Mar 2020 /  Suren Naidoo   10
Virus-induced lockdown will hurt small businesses most.

Covid-19: Major mall owners hammered on the JSE

24 Mar 2020 /  Suren Naidoo   3
And that was before the coronavirus-curbing lockdown was announced.

EPP and Redefine plunge on Polish Covid-19 concerns

13 Mar 2020 /  Suren Naidoo   1
Double-digit share price declines in both funds amid the global stock market turmoil.

‘Toughest conditions in 20 years’ for Growthpoint

12 Mar 2020 /  Suren Naidoo   15
And it reckons things are likely to get worse.

Growthpoint reports an increase in vacancies

11 Mar 2020 /  Moneyweb  
Estienne de Klerk – CEO, Growthpoint

Growthpoint se leegstaansyfer groei

11 Mar 2020 /  Moneyweb  
Estienne de Klerk – uitvoerende hoof, Growthpoint

Growthpoint is not overpaying for Capital & Regional, says Sasse

4 Dec 2019 /  Suren Naidoo   3
Sees the R2.9bn takeover deal as key to its 'internationalisation strategy'.

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