THE PLACE

1 Sandton Dr, Sandhurst, Sandton

ABOUT US

GROWTHPOINT PROPERTIES,

the largest South African primary REIT listed on the JSE, is an international property company with assets in South Africa, Eastern Europe, Australia and the UK. Committed to creating space to thrive, we own and manage a diversified portfolio of 541 property assets, locally and internationally.

Our Business

OUR BUSINESS

SOUTH AFRICAN PORTFOLIO

V&A WATERFRONT

One of Africa’s most visited tourist destinations, the Victoria and Alfred (V&A) Waterfront attracts over 24 million visitors every year, set in the oldest working harbour in the southern hemisphere.

The 123-hectare mixed-use development is home to several corporate head offices, industrial space predominantly for marine industries, and 12 hotels. The development has vast retail, dining, leisure and entertainment offerings as well as important heritage sites and tourism landmarks. Growthpoint Properties acquired a 50% stake in the V&A in 2011, with the Public Investment Corporation owning the other 50% on behalf of the Government Employees Pension Fund.

V&A WATERFRONT

Highlights

  • Low vacancies, high rental levels and good renewals
  • Strong demand for core retail and office space
  • The Victoria Wharf has become the highest Green Star-rated shopping centre of its size in SA with a 5-Star rating. The V&A is also home to the highest Green Star-rated hotel in Africa with an additional 12 Green Star-rated buildings in the precinct.
  • 457 562m2

GLA (100%)

  • 1

Number of Properties

  • R10.3BN

Value of Properties (50%)

  • 50%

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INTERNATIONAL INVESTMENTS

INVESTMENT PARTNERS

PRESS OFFICE

Growthpoint News

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Strong investment-wide operational performance for HY24

Growthpoint Properties Limited reported robust operational results across its local and international investments for the six-month period ended 31 December 2023

Growthpoint Properties issues R1 billion 10-year bond

Growthpoint Properties has issued a R1bn senior unsecured bond with a 10-year maturity, after strong investor interest in long-term Growthpoint debt.

Growthpoint signs landmark wind-hydro-solar PPA deal

Growthpoint Properties has entered into a milestone Power Purchase Agreement (PPA) with Etana Energy for 195GWh* of renewable energy a year, representing 32% of its total cu