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Diversified · South Africa

Growthpoint Properties

GRT.JO · Johannesburg

Growthpoint Properties is a South Africa-based real estate investment trust (REIT) that owns, manages, and develops a property portfolio across the retail, office, industrial, healthcare, and student accommodation sectors. Its core holdings are located in South Africa, including a 50% interest in the V&A Waterfront in Cape Town, alongside international property investments in Australia, Poland, Romania, and the broader African continent. The company holds direct property assets as well as stakes in listed real estate vehicles and unlisted specialist funds.

Price
ZAR 16
12-month move
-1.9%
Trailing yield
8.09%
52-week range
14.55 – 18.92
Twelve months, month-end closes
Sept 25Range 16 to 18.81 ZARSept 26
Trading 33% of the way up its twelve-month range. Yield is above the 7.88% median for diversified in this region.

Peers

Burstone GroupSouth Africa9.82%+6.2%Emira Property FundSouth Africa9.51%-0.6%Redefine PropertiesSouth Africa8%+9.4%SA Corporate Real EstateSouth Africa7.88%+2.4%Octodec InvestmentsSouth Africa7.83%+37.3%Stor-Age Property REITSouth Africa7.46%-7.7%