Growthpoint Properties Ltd

Growthpoint Properties Ltd Organogram

Growthpoint Properties Ltd is a real estate investment company with the property portfolio consisting of 144 directly owned properties in South Africa, valued at R31.9bn, 58 properties valued at R58.8bn in Australia (63% stake), a 50% interest in the properties of the V&A Waterfront valued at R9.0bn, a 29.5% interest in AIM-listed Globalworth Real Estate Investments (GWI) valued at R15.1bn, a 55.9% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Ltd (Healthcare) valued at R3.4bn, a 16.3% interest in Lango Real Estate Ltd, formerly Growthpoint Investec African Properties Ltd (Africa Fund) valued at R1.6bn and a 60.8% investment in 6 interests in Capital & Regional PLC (C&R), valued at R8.5bn. Growthpoint Student Accommodation Holdings (RF) Ltd, a subsidiary company, invests in purpose-built student accommodation. It currently has 11 properties. The combined value of these property assets was R179.8bn as of 30 June 2023. 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: • N1 City Mall (Cape Town) • Festival Mall (Kempton Park) • Brooklyn Mall and Design Square (75%) (Pretoria) • Vaal Mall (Vanderbijlpark) (solar project, access road and fuel station development) • Paarl Mall (Paarl) (solar and battery installation) • Kolonade (Pretoria) (solar installation) • River Square (Vereeniging) (redevelopment of ex Game and adjacent tenants) • Waterfall Mall (Botswana)