Growthpoint Properties Australia Information

Growthpoint provides space for you and your business to thrive. Since 2009, we’ve been investing in high-quality industrial and office properties across Australia.  Today, we have $6.3 billion total assets under management. We directly own and manage 57 high quality, modern office and industrial properties, valued at approximately $4.6 billion. We manage a further $1.7 billion on behalf of third-party investors through our funds management business, which manages funds that invest in office, retail and mixed-use properties across value-add and opportunistic strategies. We also retain a c.15.5% securityholding in Dexus Industria REIT (ASX:DXI) valued at c.$141 million.* We actively manage our portfolio and invest in our existing properties, ensuring they meet our tenants’ needs now and into the future. We are also focused on growing our property portfolio. We are committed to operating in a sustainable way and reducing our impact on the environment. We are targeting net zero by 2025 across our 100% on balance sheet operationally controlled office assets and corporate activities. Growthpoint Properties Australia (ASX: GOZ) is an internally managed real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 300. Moody’s has issued us with an investment-grade rating of Baa2 for domestic senior secured debt. --------------- * Based on closing price of $2.87 on 21 February 2024 and FY24 distribution guidance of 16.4 cps