Growthpoint Investment Partners
Growthpoint began the groundwork for Growthpoint Investment Partners in 2014 when we identified the co-investment and co-management of specialist alternative real estate investment portfolios as one of three key strategic thrusts.
Today, Growthpoint Investment Partners has R16.7bn of assets under management. We aim to continue to diversify our assets and harness new opportunities through co-investment to create sustainable value for our stakeholders and investment partners.
The Strategy
The ability to scale each opportunity is a key consideration for co-investment, as is differentiating the assets from our core SA portfolio in the office, retail and industrial property sectors.
Since 2018, Growthpoint Investment Partners has launched three unlisted investments in specialist alternative real estate asset classes: African (ex. SA) income-producing commercial real estate, SA healthcare property, and SA student accommodation. Growthpoint is a cornerstone investor in these investments and plays a management role.
All three investments have reported positive long-term socio-economic impacts and enjoy access to Growthpoint’s excellent governance oversight frameworks and extensive dedicated environmental, corporate social investment and sustainability resources.
Student Accommodation REIT
Growthpoint Properties launched South Africa’s first unlisted purpose-built student accommodation Real Estate Investment Trust (REIT) in December 2021. Growthpoint’s student residence platform, now called Thrive Student Living, features well-located, modern properties, and additional projects in the pipeline.
Healthcare REIT
Growthpoint Healthcare Property Holdings (GHPH) was launched in 2018 as SA’s first unlisted REIT focused exclusively on healthcare real estate. GHPH’s mandate is to acquire and develop acute, day and specialist hospitals, laboratories and biotechnology manufacturing and warehousing facilities.
Lango
Lango offers a quality portfolio of income-producing assets and has, since its launch in 2018, positioned itself as an emerging leader in the African real estate market.