Growthpoint Properties SA CEO Estienne de Klerk talks to Business Day TV about the company’s oversubscribed placement
13 November 2020 - 07:19
byBusiness Day TV
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Growthpoint’s SA CEO, Estienne de Klerk. Picture: SUPPLIED
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.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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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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