Growthpoint launches first residential development
Kent will be a R140m housing project located next to La Lucia Mall, KwaZulu-Natal
13 August 2021 - 16:11
UPDATED 16 August 2021 - 18:58
Growthpoint Properties, SA’s largest landlord with exposure to R157bn of assets across five countries, has launched its first residential development — a housing project for young professionals, retirees and small families starting out.
Listed property groups have started to embrace residential property as an investment-class asset in recent years. While only about 1% of commercial real estate owned by listed funds is residential, this number is growing. ..
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Commenting is subject to our house rules.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now