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V&A Waterfront

Growthpoint’s 66.0% share of GOZ performs consistently well. Our investment in Australia provides us with international diversification and exposure to a developed and stable economy. It is a pure Australian investment, with 57 office and industrial properties, of which 86% are located in the growth states on the Eastern Seaboard. The portfolio is a low-risk investment in Australia with most of its rental income coming from the Australian Government and some of Australia’s largest and most stable corporates. The portfolio is 98% occupied with a weighted average lease expiry of five years.


The existing portfolio continues to strengthen through acquisitions and developments and disposals of non-core asset.