Moody's changes Growthpoint's Baa3/A2.za rating outlook to positive07 March 2014
Moody's Investors Service has today changed the rating outlook to positive from
stable for Growthpoint Properties Limited
Growthpoint outperforms to deliver 8% half-year distribution growth to investors05 March 2014
Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.
Growthpoint implements acquisition of Tiber property portfolio 04 March 2014
The Competition Commission gave Growthpoint Properties the green light to acquire the entire Tiber Group portfolio of properties and management business as at the end of January 2014. This was the last condition precedent to Growthpoint concluding its largest single transaction to date of R6,1 billion, and will see it gaining ownership of one of the most exclusive property portfolios in South Africa.
Growthpoint acquires 8 hectare site for industrial development in Bellville20 December 2013
Increasing its exposure to industrial property in the Western Cape, Growthpoint Properties has acquired one of the largest and last remaining unutilised properties in Bellville, Cape Town.
Growthpoint acquires Blackheath industrial property site 13 December 2013
Growthpoint Properties has acquired a strategic site in Blackheath, Cape Town for a quality, tenant-tailored industrial property development.