Growthpoint Properties ups H1 dividend 4.6%, but expects muted growth
The challenge remains firmly in the SA portfolio's office sector. Vacancies remain stubbornly high: Group CEO Norbert Sasse.
Source: moneyweb.co.za
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Weak service delivery, politics and oversupply – toxic Jozi cocktail frustrates Growthpoint
South Africa's commercial capital, Gauteng, has become a sore point in Growthpoint's attempts to get its operations back to pre-pandemic levels.
Source: news24.com
If vaccination is slow, V&A Waterfront will keep reeling from Covid-19, says owner
holgs/Getty The owner of the V&A Waterfront says speedy Covid-19 vaccine rollout is crucial to the flagship tourist attraction's recovery. Growthpoint Properties also says that the attraction was devastated by the harsher lockdown regulations introduced in December 2020. Tenants in arrears are on the rise, despite millions of rental reliefs that the V&A Waterfront has provided since the beginning of the lockdown. Growthpoint Properties says it expects this year to continue weighing on its flagship V&A Waterfront given the slow rollout of the Covid-19 vaccines in the country and the perception...
Source: news24.com