Growthpoint Properties Limited

GRT

ZAE000179420

Diversified REITs

End-of-day quote Johannesburg S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
10.36 ^ZAR	+1.07%		-0.86%	-11.30%

Apr. 22	Growthpoint Properties' New CEO to Assume Post Earlier than Initial Schedule	MT
Apr. 18	Growthpoint Properties Updates FY2024 FFO guidance to AU$0.23	MT

Growthpoint Properties Limited agreed to acquire Joburg Stay from Feenstra Group Ltd.

September 01, 2021

Growthpoint Properties Limited (JSE:GRT) agreed to acquire Joburg Stay from Feenstra Group (Pty) Ltd on September 2, 2021. The transaction is subject to SA's Competition Commission approval. As of September 17, 2021, the transaction has received approval from the Competition Tribunal.

Latest news about Growthpoint Properties Limited

Growthpoint Properties' New CEO to Assume Post Earlier than Initial Schedule	Apr. 21	MT
Growthpoint Properties Updates FY2024 FFO guidance to AU$0.23	Apr. 17	MT
Growthpoint Properties Limited acquired Johannesburg Eye Hospital for approximately ZAR 110 million.	Apr. 03	CI
Transcript : Growthpoint Properties Limited, H1 2024 Earnings Call, Mar 14, 2024	Mar. 14
Growthpoint Properties expects lower annual distributable income	Mar. 13	RE
Growthpoint Properties Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 13	CI
Growthpoint Properties Limited Declares an Interim Dividend for the Period Ended 31 December 2023, Payable on 15 April 2024	Mar. 12	CI
Growthpoint Properties Appoints CEO	Mar. 05	MT
Growthpoint Properties Australia's H1 FY24 FFO Declines 23%, Loss Per Security Widens	Feb. 21	MT
Creo unveils product in APAC; Unilever hires director	Jan. 31	AN
Transcript : Growthpoint Properties Limited, Q1 2024 Sales/ Trading Statement Call, Nov 22, 2023	Nov. 22
Growthpoint Properties Australia Completes 13,139sqm Office Leasing in Fiscal Q1	23-10-20	MT
Africa's Lango Real Estate targets Q2 2025 London listing	23-10-10	RE
Growthpoint Properties Limited Announces the Resignation of Olive Chauke as Executive Director, Human Resources	23-10-09	CI
Growthpoint Properties ups interest in Capital & Regional	23-10-04	AN
Chariot joint venture wheels energy though Cape Town grid	23-09-18	AN
Transcript : Growthpoint Properties Limited, 2023 Earnings Call, Sep 14, 2023	23-09-14
Growthpoint Properties Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-13	CI
Growthpoint Properties Posts Lower FY23 Attributable Profit; Revenue Grows	23-09-13	MT
Growthpoint Properties Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 23 October, 2023	23-09-12	CI
Capital & Regional raises GBP25 million to partially fund Gyle deal	23-08-25	AN
Growthpoint Properties Australia Falls to Fiscal 2023 Loss on Fair Value Loss in Investment Properties; Shares Down 5%	23-08-18	MT
S.Africa's Growthpoint to invest $63 mln in student housing	23-08-16	RE
South African Stocks Shine Amid Upbeat Mining, Manufacturing Data	23-08-10	MT
Surprise June Mining Output Pushes South African Stocks Higher at Midday	23-08-10	MT

Chart Growthpoint Properties Limited

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Company Profile

Growthpoint Properties specializes in owning and managing commercial, industrial and business real estate assets. At the end of June 2023, the real estate portfolio, consisting of 535 directly-owned properties in South Africa, with a gross lettable area of 7,980,810 m2, amounted at market value to ZAR 179.8 billion.

Sector

Diversified REITs

Calendar

2024-05-01 - Roadshow - Day 1

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Income Statement Evolution

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Ratings for Growthpoint Properties Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

10.36 ZAR

Average target price

13.06 ZAR

Spread / Average Target

+26.06%

Consensus

Annual profits - Rate of surprise

Company calendar

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