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GRT

JSE
1,482 ZAc
1
0.07%
Last update Aug 21, 4:49 PM SAST
Market closed
Day range
1,478
1,489
Previous close
1,481
Open
1,484
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Growthpoint Properties Ltd.
1,482.00
1
0.07%

Overview

Description

Growthpoint Properties Ltd. is a prominent real estate investment trust (REIT) based in South Africa. It specializes in the acquisition, development, and management of a diverse portfolio of commercial properties, including retail, office, and industrial spaces. As a major player in the property sector, Growthpoint Properties aims to provide investors with regular income, primarily through rental yields, while also offering capital growth through the appreciation of property values. The company's strategic investments are spread across key urban centers, influencing various industries by providing essential business infrastructures. Growthpoint Properties not only contributes significantly to the South African economy but also holds a substantial interest in international markets, particularly in Australia and Eastern Europe. This diversification enhances its resilience and ability to capitalize on global market opportunities, making it a critical and influential entity in the international real estate landscape.

About

CEO
Mr. Leon Norbert Sasse B.Com., CA (SA)
Employees
0
Address
The Place
1 Sandton Drive
Sandton, 2196
Phone
27 11 944 6000
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Diversified
Country
South Africa
MIC code
XJSE
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Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).