Growthpoint Properties Limited (JSE:GRT)
South Africa
· Delayed Price · Currency is ZAR · Price in ZAc | Market Cap | 56.58B |
| Revenue (ttm) | 13.42B |
| Net Income (ttm) | 5.17B |
| Shares Out | 3.39B |
| EPS (ttm) | 1.51 |
| PE Ratio | 11.05 |
| Forward PE | n/a |
| Dividend | 1.32 (7.86%) |
| Ex-Dividend Date | Apr 15, 2026 |
| Volume | 9,340,570 |
| Average Volume | 12,514,299 |
| Open | 1,705.00 |
| Previous Close | 1,685.00 |
| Day's Range | 1,665.00 - 1,705.00 |
| 52-Week Range | 1,222.00 - 1,901.00 |
| Beta | 0.72 |
| RSI | 44.83 |
| Earnings Date | Jun 9, 2026 |
About Growthpoint Properties
Growthpoint Properties Limited is an international property company that provides space to thrive incorporating innovative and sustainable property solutions. Growthpoint is the largest South African (SA) primary JSE-listed REIT with a quality portfolio of 492 (FY24: 511) properties across three major business units: Directly held – SA portfolio; Offshore investments; Third-party fund management business – Growthpoint Investment Partners (GIP). Growthpoint Properties Limited was incorporated on 12th October 1987 in South Africa. [Read more]
Financial Performance
In fiscal year 2025, Growthpoint Properties's revenue was 13.57 billion, an increase of 5.20% compared to the previous year's 12.90 billion. Earnings were 5.46 billion, an increase of 330.10%.
Financial StatementsNews
Growthpoint Properties Earnings Call Transcript: H1 2026
Distributable income per share rose 2.3% and dividend per share increased 8.5%, driven by a higher payout ratio and improved South African portfolio performance. Group LTV is 40.8%, with strong liquidity and ongoing asset optimization. FY 2026 guidance targets 3%-5% DIPS growth.
Growthpoint Properties Earnings Call Transcript: H2 2025
Distributable income per share rose 3.1% and dividend per share 6.1%, with improved LTV and strong liquidity. Asset disposals and portfolio optimization drove results, while guidance for FY2026 is 3–5% distribution growth and 6–8% dividend growth.
Growthpoint Properties Earnings Call Transcript: Q3 2025
Guidance was raised as South African operations, especially coastal regions, outperformed, with strong logistics and retail growth. Asset recycling and reinvestment continue, while offshore growth is constrained by higher costs. Debt costs are expected to decline as interest rates fall.
Growthpoint Properties Earnings Call Transcript: H1 2025
Distributable income per share rose 3.9% and dividend per share 3.7%, with strong performance in South Africa and the V&A Waterfront. Asset disposals and international headwinds, especially higher interest rates, impacted results, but FY25 guidance was raised to 1–3% growth.
Growthpoint Properties Earnings Call Transcript: Q1 2025
Operational momentum remains strong across all sectors, with coastal regions leading growth and V&A Waterfront outperforming expectations. Funding costs are set to rise modestly, but LTVs are expected to decline as asset sales proceeds are used for debt reduction.
Growthpoint Properties Earnings Call Transcript: H2 2024
Distributable income and dividends fell 10% year-over-year, mainly due to higher interest costs, despite strong operational performance and improved metrics in South Africa. Offshore assets faced valuation and interest rate pressures, while ESG initiatives and liquidity remain robust.
Growthpoint Properties Earnings Call Transcript: Q3 2024
Funding costs are set to rise in FY 2025 due to swap expiries, with office vacancies and negative reversions persisting in Gauteng but improving in coastal regions. CapEx and disposals will drive capital allocation, while LTV and ICR remain within comfortable ranges.