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Growthpoint Properties Ltd (GRTJ.J)

GRTJ.J on Johannesburg Stock Exchange

2,291.00ZAc
7:39am EDT
Change (% chg)

-8.00 (-0.35%)
Prev Close
2,299.00
Open
2,351.00
Day's High
2,351.00
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2,270.00
Volume
6,610,656
Avg. Vol
10,150,950
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3,150.00
52-wk Low
2,270.00

Latest Key Developments (Source: Significant Developments)

Growthpoint Properties Announces Proposed Eurobond Issue And Financial Assistance To Unit
Friday, 13 Apr 2018 08:30am EDT 

April 13 (Reuters) - Growthpoint Properties Ltd ::PROPOSED EUROBOND ISSUE AND FINANCIAL ASSISTANCE TO SUBSIDIARY.VIA ITS WHOLLY-OWNED SUBSIDIARY GROWTHPOINT PROPERTIES INTERNATIONAL, IS SEEKING TO ISSUE A EUR OR USD DENOMINATED EUROBOND.PORTION OF PROCEEDS TO BE RAISED WILL BE UTILISED TO PARTICIPATE IN ISSUE OF NEW ORDINARY SHARES BY GRIFFIN PREMIUM RE.HAS MANDATED JOINT BOOKRUNNERS TO ARRANGE A SERIES OF FIXED INCOME INVESTOR MEETINGS IN US AND UK COMMENCING ON 17 APRIL 2018.  Full Article

Bookrunner Says Secondary Offering Of Up To 159.4 Million Growthpoint Properties Ltd
Thursday, 22 Mar 2018 11:45am EDT 

March 22 (Reuters) - BOOKRUNNER::BLOCK TRADE - GROWTHPOINT PROPERTIES LTD: BOOKRUNNER SAYS SECONDARY OFFERING OF UP TO 159.4 MILLION GROWTHPOINT PROPERTIES LIMITED ORDINARY SHARES‍​.BLOCK TRADE - GROWTHPOINT PROPERTIES: BOOKRUNNER SAYS BOOK FOR GROWTHPOINT PLACING WILL OPEN WITH IMMEDIATE EFFECT, EXPECTED TO CLOSE AS SOON AS POSSIBLE.BLOCK TRADE - GROWTHPOINT PROPERTIES: BOOKRUNNER SAYS GROWTHPOINT SHARE PRICING, ALLOCATIONS TO BE ANNOUNCED AS SOON AS PRACTICABLE FOLLOWING BOOK CLOSING.BLOCK TRADE - GROWTHPOINT PROPERTIES: BOOKRUNNER SAYS BOFA MERRILL LYNCH, STANDARD BANK OF SOUTH AFRICA, AS JOINT BOOKRUNNERS OF GROWTHPOINT PLACING.  Full Article

Growthpoint Properties Says Six Month Dividend Growth Of 6.5 Pct
Wednesday, 28 Feb 2018 02:00am EST 

Feb 28 (Reuters) - Growthpoint Properties Ltd ::GROWTHPOINT PROPERTIES LTD - SIX MONTH DIVIDEND PER SHARE OF ‍101.2 CENTS , 6.5% GROWTH​.GROWTHPOINT PROPERTIES LTD - OVER SIX MONTHS, ‍3.9% INCREASE IN GROUP NAV FROM HY17 TO 2 593 CENTS PER SHARE​.GROWTHPOINT PROPERTIES LTD - ‍FOR HY, R127.7BN GROUP PROPERTY ASSETS 4.4% INCREASE FROM FY17​.  Full Article

Growthpoint Properties announces proposed Eurobond issue and further investment in Globalworth
Monday, 27 Nov 2017 06:30am EST 

Nov 27 (Reuters) - Growthpoint Properties Ltd ::‍WILL SEEK TO ISSUE A EUR- DENOMINATED BOND​.‍PORTION OF PROCEEDS TO BE UTILISED TO IN A PROPOSED NON-PREEMPTIVE ISSUE OF NEW ORDINARY SHARES BY GLOBALWORTH REAL ESTATE INVESTMENTS.‍AGREED TO SUBSCRIBE IN CASH FOR NEW GLOBALWORTH SHARES IN ISSUE AS WOULD RESULT IN A TOTAL HOLDING OF ABOUT 29.5% OF GLOBALWORTH'S ISSUED SHARES​.  Full Article

Growthpoint Properties says Norbert Sasse will become group CEO
Wednesday, 15 Nov 2017 09:25am EST 

Nov 15 (Reuters) - GROWTHPOINT PROPERTIES LTD ::SAYS ‍COMPANY'S CHIEF EXECUTIVE OFFICER, NORBERT SASSE, WILL BECOME GROUP CHIEF EXECUTIVE OFFICER​.  Full Article

Growthpoint Properties full-year HEPS at 179.66 c/shr
Wednesday, 30 Aug 2017 02:01am EDT 

Aug 30 (Reuters) - GROWTHPOINT PROPERTIES LTD ::FY TOTAL REVENUE 10,755 MILLION RAND VERSUS 10,219 MILLION RAND.FY PROFIT BEFORE TAXATION 8495 MILLION RAND VERSUS 6808 MILLION RAND.FY HEADLINE EARNINGS PER SHARE 179.66 CENTS.  Full Article

Fairvest to buy Kwazulu-Natal property for 172.5 mln rand
Wednesday, 1 Mar 2017 08:15am EST 

Fairvest Property Holdings Ltd : Entered into an agreement ("sale agreement")on March 1 2017 with Growthpoint Properties Limited . To acquire rental enterprise operated by seller in respect of property at ERF 3217, Empangeni Township, Kwazulu-Natal, situated at corner commercial road . Purchase consideration for acquisition is 172.5 mln rand, which includes vat at rate of 0 pct .Will settle purchase consideration in cash.  Full Article

Growthpoint Properties posts 6.1 pct growth in six month DPS
Wednesday, 1 Mar 2017 02:00am EST 

Growthpoint Properties Ltd : Six month 95.0 cents 6.1% growth dividend per share . 2.7 billion rand total distributable income 10% growth HY16 to HY17 .Six month 120.4 billion rand group property assets.  Full Article

S. Africa's Competition Tribunal okays JMR-Transaction Capital deal
Wednesday, 12 Oct 2016 12:00pm EDT 

Competition Tribunal: Tribunal has unconditionally approved a merger between JMR Holdings and Transaction Capital Ltd . Approved without conditions merger between Growthpoint Properties Ltd and Romed Properties Pty Ltd Further company coverage: [TCPJ.J][GRTJ.J] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

BRIEF-Growthpoint Properties Says Successfully Prices $425 Million Eurobond

* FIVE-YEAR USD- DENOMINATED BOND MATURES ON 2 MAY 2023 AND CARRIES A FIXED INTEREST RATE OF 5.872 PER CENT PAYABLE SEMI- ANNUALLY