GRT - Growthpoint Properties Limited
Growthpoint is a Real Estate Investment Trust (REIT) company with a total property portfolio of R139.4 billion. The largest South African listed property company which owns a property portfolio of 450 directly owned properties in South Africa valued at R78.3 billion, 57 properties valued at R38.7 billion through its 66.0% investment in Growthpoint Properties Australia (GOZ), a 50% interest in the V&A Waterfront properties, valued at R9.6 billion, a 29.8% interest in Globalworth Real Estate Investment Ltd. (GWIs) 60 properties, valued at R12.8 billion and a 72.9% interest in The Healthcare Fundâs five properties valued at R2.6 billion.
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates most of its revenue from rental income from its...
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 13.20 |
| Day’s High Price | 13.44 |
| Traded Volume | 9.79M |
| Number of Deals | 2,757 |
| Gross Turnover | 130M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.6998 |
| Price/Earning Ratio | 7.81 |
| Dividend Per Share | 1.19 |
| Dividend Yield | 8.97% |
| Shares Outstanding | 3.43B |
| Market Capitalization | 45.5B |
GRT Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.19% | -9.17% | -9.11% |
| 6MO | 1YR | YTD |
|---|---|---|
| -6.42% | +15.8% | +5.57% |
The current share price of Growthpoint Properties Limited (GRT) is ZAR 13.27. GRT closed its last trading day (Thursday, October 21, 2021) at 13.27 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% drop from its previous closing price of 13.35 ZAR. Growthpoint Properties began the year with a share price of 12.57 ZAR and has since gained 5.57% on that price valuation, ranking it 277th on the JSE in terms of year-to-date performance. Investors should, however, take caution of GRT’s recent bad performance, having lost 9% of its value in the past four weeks.
Growthpoint Properties is the sixth most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). GRT has traded a total volume of 638 million shares—in 186,107 deals—valued at ZAR 9.31 billion over the period, with an average of 10.1 million traded shares per session. A volume high of 39.7 million was achieved on September 16th, and a low of 3.78 million on August 13th, for the same period. The table below details the last 10 trading days of activity of Growthpoint Properties on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-10-21 | 9,787,398 | 13.27 | -0.08 | -0.60% |
| 2021-10-20 | 7,938,442 | 13.35 | -0.64 | -4.57% |
| 2021-10-19 | 11,290,051 | 13.99 | +0.05 | +0.36% |
| 2021-10-18 | 7,516,487 | 13.94 | +0.06 | +0.43% |
| 2021-10-15 | 8,181,235 | 13.88 | +0.03 | +0.22% |
| 2021-10-14 | 13,260,405 | 13.85 | -0.13 | -0.93% |
| 2021-10-13 | 7,643,562 | 13.98 | -0.09 | -0.64% |
| 2021-10-12 | 11,328,016 | 14.07 | -0.05 | -0.35% |
| 2021-10-11 | 7,326,957 | 14.12 | -0.10 | -0.70% |
| 2021-10-08 | 14,473,581 | 14.22 |
Profile of Growthpoint Properties Limited
Growthpoint Properties Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
| Factsheet of Growthpoint Properties Limited | |
|---|---|
| Sector: Real Estate | Industry: Real Estate Investment Trust |
| Address: The Place, 1 Sandton Drive, Sandton 2196, South Africa | |
| Telephone: +27-11-944-6000 | |
| Email: info@growthpoint.co.za | Website: www.growthpoint.co.za |
GRT Industrial Market Competitors
Growthpoint Properties Limited, issuers of the GRT stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| DIB | Dipula Income Fund B | 2.07B | 3.91 | +152% |
| TEX | Texton Property Fund Limited | 1.16B | 3.17 | +120% |
| APF | Accelerate Property Fund Limited | 1.29B | 1.29 | +105% |
| VIS | Visual International Holdings | 32.1M | 0.08 | +100% |
| AHB | Arrowhead Properties B Shares | 4.13B | 4.07 | +75.4% |
| VKE | Vukile Property Fund Ltd | 11.5B | 11.99 | +49.9% |
| EMI | Emira Property Fund Ltd | 5.17B | 9.90 | +48.7% |
| AHA | Arrowhead Properties A Shares | 14.2B | 14.00 | +46% |
| SRE | Sirius Real Estate Ltd | 28.8B | 27.05 | +40.2% |
| MSP | MAS Real Estate Inc. | 12.6B | 17.63 | +38.3% |