Growthpoint plans to convert business park into residential property
The office sector is particularly stressed in Gauteng
15 June 2022 - 10:44
SA’s largest listed property company, Growthpoint, plans to convert one of its business parks into a residential property as vacancies in its office sector rise.
The company aims to convert the Riverwoods Office Park in Bedfordview in Johannesburg to a residential property after Airports Company SA (ACSA) vacated the 10,588m² premises, it said in an investor update for the nine months to end-March on Wednesday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.