SOUTH AFRICAN PORTFOLIO

SOUTH AFRICAN PORTFOLIO

Growthpoint owns and manages a portfolio of 388 directly owned properties in South Africa. Valued at R70.48bn, it is spread across a broad range of sectors.

AT A GLANCE

OFFICE

Our expansive Office portfolio includes a collection of high-quality, well-maintained buildings and parks that offer our clients a desirable working environment while providing measurable cost savings through sustainable initiatives and green building innovation. Located in sought after nodes in major metropolitan areas in Gauteng, KwaZulu Natal and Cape Town, our properties cater to all businesses, from SMMEs to multinational corporates.

Office Sector

NUMBER OF PROPERTIES

153

OFFICE GLA

1 631 906m²

VALUE OF PROPERTIES

R26.3bn

GRADE

P 14.83%, A 58.66%, B26.09%

NUMBER OF GREEN CERTIFICATIONS

71

AT A GLANCE

Industrial Sector

The industrial portfolio represents the largest sector by the number of properties and GLA. Our diversified portfolio caters to all needs of the industrial community, with a strong presence in sought-after nodes in Gauteng, Durban and Cape Town. We offer secure, well-maintained, accessible and functional industrial space. 

Our focus is ensuring our properties meet the business needs of our clients. To achieve this, we are committed to continued value growth through acquisitions and new developments, mainly modern, sustainable logistics and warehousing assets, as well as maintaining and upgrading buildings to preserve and enhance their value.

162

Properties

1 965 600m²

Industrial GLA

R13BN

Property Value

Industrial Sector

The industrial portfolio represents the largest sector by the number of properties and GLA. Our diversified portfolio caters to all needs of the industrial community, with a strong presence in sought-after nodes in Gauteng, Durban and Cape Town. We offer secure, well-maintained, accessible and functional industrial space. 

Our focus is ensuring our properties meet the business needs of our clients. To achieve this, we are committed to continued value growth through acquisitions and new developments, mainly modern, sustainable logistics and warehousing assets, as well as maintaining and upgrading buildings to preserve and enhance their value.

162

Properties

1 965 600m²

Industrial GLA

R13BN

Property Value

35.3%

Distribution
centres

6.3%

Light
manufacturing

23.9%

Industrial
park

12.0%

Workshop
multi-occupancy

 10.9%

Warehouse

 11.6%

Other

35.3%

Distribution
centres

6.3%

Light
manufacturing

23.9%

Industrial
park

12.0%

Workshop
multi-occupancy

10.9%

Warehouse

11.6%

Other

RETAIL

RETAIL

From neighbourhood shopping centres to large regional malls, our shopping centres are a positive force for the local economy and society through their community work, building strong connections with our shoppers. We also keep up to date on potential new technologies and harness the value of big data, gathering critical analytics which provides valuable insight into consumer behavioural patterns. Using this data, we are able to offer an optimum mix of retailers that best serve the communities where these centres operate.

In addition, our shopping centres regularly undergo refurbishments and extensions, ensuring that they remain relevant and appealing to our shoppers.

37

Number of
properties

1 162 734m²

Retail
GLA

R25BN

Value of
properties

Geographic Split

Eastern Cape – 10.8%
Gauteng – 47.7%
North West – 6.7%
KwaZulu-Natal – 10.4%
Western Cape – 24.4%

Segmental Split
Regional shopping centres – 78.1% 
Community shopping centres – 19.2% 
Speciality centres – 2.7% 

TRADING & DEVELOPMENT

Trading & Development

Growthpoint develops assets for our own portfolio, as well as third-party developments and partner projects. Our skilled team craft spaces to thrive, centred around our clients’ business needs, operating environments, and future growth visions. We work closely with our established network of leading construction and built-environment professionals to deliver holistic, tailor-made property assets.

As an agile partner for our clients, we leverage our skills and position as South Africa’s largest REIT to develop assets for third parties. We also take short-term, active positions in assets to trade them in future. We acquire land and properties for resale to clients, and add value with turnkey new developments, redevelopments, refurbishments, and leasing. Drawing on our industry knowledge and insight and leveraging off our extensive experience in property transactions, we provide solutions to optimise value and realise investment potential for our clients.

R84.5M

Trading
Profits

Sectors

Office, Industrial, Retail, Healthcare, Student Accommodation, Residential

Growthpoint Investment Partners

The groundwork for Growthpoint Investment Partners began 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. 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.

Through GIP, Growthpoint owns a 39.1% stake in Growthpoint Healthcare Property Holdings, which owns 7 healthcare assets valued at R3.7bn. It has a substantial pipeline of acquisition and development opportunities. Additionally, we own a 14.3% stake in Growthpoint Student Accommodation Holdings, which owns 11 student accommodation assets, with 6443 beds, valued at R2.7bn. It has a substantial pipeline of acquisition and development opportunities.

INVESTMENT PARTNERS