13 November 2020 1 Min Read

News Leader

WATCH: How Growthpoint plans to reduce debt

Growthpoint Properties SA CEO Estienne de Klerk talks to Business Day TV about the company’s oversubscribed placement

in Companies / Property by Business Day TV
Growthpoint’s SA CEO, Estienne de Klerk. Picture: SUPPLIED
Loading ...

Growthpoint Properties has raised R4.3bn via an oversubscribed placement.

The firm says it will use these funds to reduce debt and strengthen its balance sheet, so that it is in a position to capitalise on growth opportunities.

Business Day TV spoke to Growthpoint Properties SA CEO Estienne de Klerk for more detail.

Loading ...
Companies 3 years ago

Growthpoint falls after being the first listed property firm to raise equity since Covid-19

Its SA CEO, Estienne de Klerk, says the decision to raise capital through an accelerated bookbuild will prove to be the right one
Features 3 years ago

Covid positive: South Africans who’ve defied the pandemic

The coronavirus pandemic has plunged the world into terrible turmoil, but some rays of light have emerged from the darkness ...
Economy 3 years ago

SA’s 2020 investment conference will push recovery drive

The conference will focus on shoring up the R664bn in investment pledges made at the previous two events
Opinion 3 years ago

STEPHEN CRANSTON: Biting at the JSE’s heels

You could accuse JSE management of preferring to swan around conferences such as the World Economic Forum than get its hands dirty searching SA for ...
Companies 3 years ago

SA Reit Association has new CEO to help woo back investors

Joanne Solomon, a former Nedbank Property Finance executive, is on a charm offensive as the sector seeks to regain investor confidence
Loading ...
Loading ...
View Comments