Growthpoint Properties currently holds a 39.1% shareholding in Growthpoint Healthcare Property Holdings (GHPH), which has attracted keen market interest with over R1.3 billion raised from third-party investors to date. 

The Healthcare REIT has eight assets which includes six hospitals, a medical chambers and a pharmaceuticals warehousing and distribution facility.  These assets enjoy long leases and are considered long-standing landmarks in their communities. Three of the hospitals have consistently been on Discovery Health’s annual list of leading South African hospitals, as rated by their patients.



A multi-disciplinary acute care hospital offering specialist services in trauma care, cardiology & cardio-thoracic care, vascular surgery, and oncology care. Location: Goodwood, Cape Town Size (GLA): 14 636m2 Tenant: Netcare Beds: 214 An office building adjacent to the hospital which is 85% let to Netcare, and the remainder by 7 doctors and Ampath. Location: Goodwood, Cape Town Size (GLA): 4 454m2 Tenant: Netcare & other Beds: n/a


Louis Leipoldt is one of the oldest and best-known private hospitals in the Western Cape. It is a multi-disciplinary hospital that provides a comprehensive support system of varying disciplines and a full spectrum of allied health professionals and services under one roof. Location: Belville, Cape Town Size (GLA): 15 075m2 Tenant: Mediclinic Beds: 188


A specialist healthcare facility that was the first purpose-built, exclusively surgical, and cardiac hospital in KwaZulu-Natal. The hospital has recently expanded to include renal and oncology specialisations. Location: Umhlanga, KwaZulu Natal Size (GLA): 22 609m2 Tenant: Busamed Beds: 165


This multi-disciplinary acute hospital nestled in the leafy hills of Hillcrest, KwaZulu Natal recently underwent a 52-bed expansion due to capacity constraints. Location: Hillcrest, KwaZulu Natal Size (GLA): 20 445m2 Tenant: Busamed Beds: 254


This head, neck, and spine specialist surgical hospital development by Growthpoint received a Five Star Green Star Custom Healthcare design certification from the Green Building Council South Africa (GBCSA). Location: Menlyn Maine, Gauteng Size (GLA): 18 408m2 Tenant: Cintocare Beds: 100

The first greenfield hospital development completed by the Busamed Group, the hospital opened its doors in May 2015. The multi-disciplinary acute care hospital offers specialist services in surgery, cardiology, paediatric cardiology, electrophysiology, and stroke care. GHPH acquired 51% of the hospital property. Location: Somerset West, Western Cape Size (GLA): 12 400m2 Tenant: Busamed Beds: 100


GHPH holds a 50% undivided share in this prime, temperature-controlled pharmaceutical warehousing and distribution facility with A-grade offices that also serves as Adcock Ingram’s head office. Location: Midrand, Gauteng Size (GLA): 22 455m2 Tenant: Adcock ingram Beds: n/a

Pipeline Developments

The Company continues to build a good pipeline of both development and non-development projects.  

Distributions & Returns

GHPH distributes at least 90% of distributable earnings to investors in March and September each year. The Company has a target for gross ungeared total returns (income and capital) of between 13-16% per annum.



The Place, 1 Sandton Drive, Sandton

011 944 6000



4th Floor, Lincoln on The Lake, 2 The High Street, Parkside, Umhlanga Ridge

031 584 5100


Cape Town:

4th Floor, MontClare Place, Main Road, Claremont

021 673 8400