JSE-listed Growthpoint Properties remained focused on liquidity and balance sheet strength to enable it to pursue its strategic initiatives, the group says in its unaudited interim results for the six months ended December 31. Growthpoint group CEO Norbert Sasse attributes its “defensive performance” to “excellent results” from the V&A Waterfront and ASX-listed Growthpoint Properties Australia (GOZ), improved letting and reduced vacancy in the South African portfolio, and Growthpoint Investment Partners’ ongoing attraction of quality co-investors.
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