Growthpoint Properties Limited (GWWTF)

0.6025 0.0000 (0.00%) At close: 03:52PM EDT

Growthpoint Properties Limited

The Place
1 Sandton Drive
Sandton 2196
South Africa
27 11 944 6000
https://www.growthpoint.co.za

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Leon Norbert Sasse B.Com., CA (SA)	Group CEO & Executive Director	1.17M	N/A	1964
Mr. Gerald Volkel B.Acc., C.A., C.A. (SA)	Group Financial Director & Executive Director	561.02k	N/A	1960
Mr. Estienne K. de Klerk	CEO of South Africa & Executive Director	908.88k	N/A	1969
Mr. Panayiotis Theocharides	Group Head of Investments	N/A	N/A	1970
Mr. Alec L. Davis	Chief Information Officer	N/A	N/A	1965
Ms. Lauren Turner	Head of Investor Relations & Strategy	N/A	N/A	1977
Mr. Xolani Hlatshwayo	Group Legal Counsel	N/A	N/A	1983
Z. Dziba	Head of Risk & Compliance	N/A	N/A	N/A
Mr. Engelbert Binedell	Chief Operating Officer of South Africa	N/A	N/A	1970
Mr. David S. Stoll	Regional Head of Cape Town	N/A	N/A	1959

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Growthpoint is a Real Estate Investment Trust (REIT) and is the largest South African listed property company which owns a property portfolio of 369 directly owned properties in South Africa valued at R64.1bn, 58 properties valued at R61.8bn through its 63.7% investment in Growthpoint Properties Australia Limited (GOZ), five properties valued at R8.5bn through a 62.4% investment in Capital & Regional Plc (C&R), a 50% interest in the properties of the V&A Waterfront, valued at R10.1bn, a 29.5% interest in the properties of Globalworth Real Estate Investment Limited (GWI), valued at R17.4bn, a 39.1% interest in the properties of Growthpoint Healthcare Property Holdings (RF) Limited (GHPH) valued at R3.7bn, a 14.3% interest in the properties of Growthpoint Student Accommodation Holdings (RF) Limited (GSAH) valued at R2.7bn and a 18.4% interest in the properties of Lango Real Estate Limited (Lango) valued at R2.1bn.

Corporate governance

Growthpoint Properties Limited’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.