Growthpoint Properties Ltd

Growthpoint Properties Limited is South Africa’s leading listed property investment corporation on the Johannesburg Stock Exchange (JSE) and they boast with a market capitalisation in excess of R49.9 billion as of June 2013. Established on the Stock Exchange in 1987, Growthpoint rapidly grew from a market capitalisation of just R30 million to a market capitalisation of more than R30 billion – in just a single decade. They have three major offices located in: Sandton (which serves as their head office), Claremont in Cape Town, and in Umhlanga Ridge near Durban. They have a large and varied business property portfolio which consists of more than 390 properties throughout South Africa and one in Namibia. They also recently launched Growthpoint Properties Australia of which they own 65% and where they own more than 40 properties. They also have a 50% market share in the popular Victoria & Alfred Waterfront in Cape Town.