WATCH: Growthpoint CEO Norbert Sasse warns of tough times ahead
Business Day TV talks to Growthpoint CEO Norbert Sasse after the Reit recorded tepid annual growth
13 September 2023 - 20:22
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Growthpoint has recorded tepid annual growth. On Wednesday, SA’s largest listed real estate investment trust reported a 1.3% increase in distributable income and upped its dividend by a similar margin. It also raised concerns about the state of SA’s economy, warning of a slump in distributable income if circumstances remain uncertain. Business Day TV unpacked the performance with group CEO Norbert Sasse.
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: Growthpoint CEO Norbert Sasse warns of tough times ahead
Business Day TV talks to Growthpoint CEO Norbert Sasse after the Reit recorded tepid annual growth
Growthpoint has recorded tepid annual growth. On Wednesday, SA’s largest listed real estate investment trust reported a 1.3% increase in distributable income and upped its dividend by a similar margin. It also raised concerns about the state of SA’s economy, warning of a slump in distributable income if circumstances remain uncertain. Business Day TV unpacked the performance with group CEO Norbert Sasse.
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