Growthpoint Properties Ltd Organogram
Growthpoint Properties Ltd is a real estate investment company with the property portfolio consisting of 157 directly owned properties in South Africa, valued at R33.5bn, 55 properties valued at R49.5bn in Australia (62.2% stake), a 50% interest in the properties of the V&A Waterfront valued at R8.8bn, a 29.3% interest in AIM-listed Globalworth Real Estate Investments (GWI) valued at R15.2bn, a 62.2% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Ltd (Healthcare) valued at R2.8bn, a 16.1% interest in Lango Real Esate Limited, formerly Growthpoint Investec African Properties Ltd (Africa Fund) valued at R1.4bn and a 52.1% investment in 7 interests in Capital & Regional PLC (C&R), valued at R10.5bn.
The combined value of these property assets was R152.8bn as at 30 June 2021.
Growthpoint Management Services (Pty) Ltd, a wholly-owned subsidiary of the group, undertakes property administration and fund management for the company.
Developments in progress include:
• Festival Mall (Kempton Park, a Taxi holding facility)
• Lakeside Mall (Benoni, a Solar project)