Growthpoint Properties

Growthpoint has conditionally agreed to sell its entire shareholding in Capital & Regional (C&R), aligning with our strategy to streamline operations and focus on core investments. While we believe in the strength of C&R’s portfolio, this move reflects our goal of optimising our international assets. Read our press release here: https://bit.ly/3ZBRGfa #GrowthpointProperties #SpaceToThrive #RealEstate #Retail #CapitalAndRegional

At Growthpoint, we are proud of our diverse and vibrant team, united by our shared passion for creating spaces where everyone can thrive. This Heritage Day, we honour the rich cultural tapestry that makes South Africa so unique. 🇿🇦 Wishing everyone a happy and colourful Heritage Day! #HeritageDay #ProudlySouthAfrican #GrowthpointProperties #SpaceToThrive

Thank you Asset Magazine for the fantastic article!

Growthpoint Properties delivered strong operational results across our local and international investments for the year ending June 2024. Exceptional performance from the V&A Waterfront, steady improvements in our South African portfolio, and enhanced contributions from Capital & Regional (C&R) were highlights of the year. However, the impact of higher global interest rates, reduced dividends from Globalworth Real Estate Investments (GWI), and lower profits from our trading and development division impacted these operational achievements, resulting in a 10% decline in distributable income. Despite the challenges, we are optimistic about the improvement in our domestic property fundamentals, which, coupled with solid international operational performance, suggests that we may have passed the lowest point of the cycle. There is a growing sense of positivity, especially post-election, and increased foreign investment in South Africa is already evident in the bond and equity markets. While we expect interest rates to gradually decrease, easing pressures on our debt-servicing costs in FY25, we remain cautious about the ongoing refinancing challenges at higher rates. That said, our diversified portfolio is defensively positioned for the year ahead, with positive prospects for FY26 as we anticipate a return to positive distributable income growth. Throughout FY24, we made gains in every area of opportunity. We remain a strong, diversified business with talented employees, a solid financial foundation, and a clear strategy for delivering value to all stakeholders! Read more about our results here: https://bit.ly/3Tqc5jB #GrowthpointProperties #SpaceToThrive #FY24Results

We had an incredible time hosting a few of our clients at the Springboks vs All Blacks match at the DHL Stadium this past weekend! It was a thrilling atmosphere, filled with excitement and unity as we cheered on the Boks to a nail-biting victory. Even more memorable was the opportunity to share amazing moments like these with our valued clients! Thank you to everyone who joined us - it was a day to remember! #Rugby #Springboks #GrowthpointProperties #SpaceToThrive

Through our PPA with Etana Energy, we’ve secured 195 GWh of clean electricity annually. 🌍💡🍃 Starting in July 2025, we will begin wheeling this clean energy to select office buildings in Sandton - a significant step forward in helping our clients meet their ESG goals while benefiting from lower, more predictable running costs. Curious about how it works and how it could benefit your business? Watch the video to find out how Growthpoint is creating space to thrive by driving the transition to a greener future. Visit https://lnkd.in/dqhgd3GZ for more! #Growthpoint #SpaceToThrive #eco2 #Sustainability #RenewableEnergy #Innovation #Wheeling

🌟 Calling all post-graduate students and small businesses! 🌟 Do you have a research thesis or business pitch that introduces innovative property technology to drive sustainability in the property market and built environment? 🌿🏢 Enter your research or business pitch for a chance to WIN: 💰 R 38,500 cash prize ✈️ Travel and accommodation to the GBCSA 2025 Green Building Convention 📈 1-year enrollment in the Property Point Business Development Program 🏷️ An exhibition stand at the Property Point SMME Village at the 2025 Green Building Convention, hosted by the Green Building Council of South Africa Who can enter? 🎓 Post-grad students (Masters and PhD thesis) 📚 Post-grad Technikon students 🚀 Small businesses in the early research & development phase Register your interest for the Greenovate 2024 competition at https://lnkd.in/eZkxTbwt. 🌍✨ Don’t miss this opportunity to make your mark in the industry and drive the sustainability agenda forward! 💡💚 Green Building Council South Africa (GBCSA) REdimension Capital Property Wheel Property Point Africa Proptech Forum SAIBPP Young Professionals #GrowthpointProperties #SpaceToThrive #Greenovate #Proptech #ProptechCompetition #YoungInnovators

This Women's Day, we honor the incredible women who drive success in our business and inspire change in society. We are proud to have so many talented women breaking new ground! We also recognise that empowering women is not just about what happens within our walls—it's about making a difference in the communities we serve. We are committed to creating spaces where all women can thrive - in business, at home, and in our society. To every woman who is pushing boundaries, and making a lasting impact, we celebrate you. Happy Women's Day! #WomensDay2024 #GrowthpointProperties #SpaceToThrive

We're excited to announce a groundbreaking milestone for Growthpoint Properties and the South African commercial real estate sector! Introducing e-CO₂, our innovative green energy benefit scheme set to launch in July 2025 at 10 properties in Sandton! e-CO₂, short for "electricity minus carbon dioxide," will provide clean electricity through wheeling, significantly reducing your business's carbon footprint while offering lower, more predictable energy costs. Partnering with @Etana Energy, we'll be harnessing the power of water, wind, and sunshine to deliver renewable energy directly to select office buildings. Join us on this journey towards a sustainable future! Read our press release: https://bit.ly/4chOzvL Visit the e-CO₂ webpage: https://bit.ly/3WQi5Ep #GrowthpointProperties #SpaceToThrive #Sustainability #GreenElectricty #eCO2 #GreenInnovation

🌟 The green office refurbishment at 36 Hans Strijdom in Cape Town has commenced! 🌱 Ninety One, a global investment manager with South African roots, has committed to a 15-year lease for the entire 12,800 m2. Their net-zero carbon aspirations align perfectly with our carbon-neutral 2050 goals, while this refurbishment reinforces our shared commitment to the Cape Town CBD. 🏢💚 Key sustainable upgrades include: ♻️ Re-using the entire building structure to salvage embodied carbon 🔋 An on-site solar plant ❄️ Energy-efficient displacement air conditioning 🌞 High-performance glazing 🔄 Replacing escalators with circulation stairs to reduce power consumption Read more about this exciting milestone here: https://bit.ly/4cUAbe5 #Sustainability #GreenBuilding #SpaceToThrive #GrowthpointProperties #NinetyOne #NetZero #CapeTown