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
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.
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