Growthpoint Properties

Property

Growthpoint Properties is a JSE-listed real estate investment trust (REIT) with a market capitalisation of circa R59.8-billion as at 22 January 2016.

Thesele had a 4.7% equity interest (diluted from the initial 10% through various share issues) in Acucap Properties Limited, a JSE-listed REIT that was acquired by Growthpoint in March 2015 in exchange for Growthpoint shares. As a result of this acquisition of Acucap, we hold shares in Growthpoint.