Growthpoint Properties Limited is a real estate investment trust. The primary business of the company is investment in rental-generating properties, which are maintained and upgraded or refurbished as necessary.
The company reported its full-year results for the year ended 30 June 2019. The group reported total revenue of R11.5bn (FY18: R10.92bn), up by 5.75% compared to the previous period. The company’s net asset value per share declined slightly to 2 539 cents (FY18: 2 556 cents), down by 0.7% on a comparative basis.
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