growthpoint-australia

Growthpoint Australia

Growthpoint entered the Australian market in 2009 taking advantage of the market dislocation, a result of the global financial crisis, which saw many Australian REITs over-geared and needing to be recapitalised. Today, Growthpoint Australia enjoys strong property fundamentals, a great liquidity position and excellent opportunities for growth.

GOZ at a Glance:

Listing: Australian Stock Exchange (ASX) share code: GOZ

Location: Majority on the Eastern Seaboard, Australia

Asset type: Office & Industrial

Share: 62,2% holding

gla

1 050 877 ㎡

GLA

57

Number of Properties

value

R58.5bn

Value of Properties

Geographic Split

38% Victoria     19% Queensland

14% South Australia     14% New South Wales

12% Western Australia     3% ACT

Highlights

  • Conservatively geared
  • Strong interest cover
  • Low vacancy rates
  • Double the average lease length in the SA environment
  • Strong tenant base consisting of Australian Corporates and Government
oz-highlights
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Johannesburg:

The Place, 1 Sandton Drive, Sandton

011 944 6000

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Durban:

4th Floor, Lincoln on The Lake, 2 The High Street, Parkside, Umhlanga Ridge

031 584 5100

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Cape Town:

4th Floor, MontClare Place, Main Road, Claremont

021 673 8400