Growthpoint Interactive Half Year Report 2018
Growthpoint Properties Australia 2018 Half Year Report 57 Portfolio Review Financial Report Additional Information Financial Management Business Overview 7.09% CAGR Growthpoint Properties Limited of South Africa (“GRT”) owns 65.1% of the securities of Growthpoint (at 31 December 2017) and is its major Securityholder. Other information about GRT • • GRT is the largest primary listed South African REIT • • Included in the JSE Top 40 Index • • Top ten constituent of FTSE EPRA / NAREIT Emerging Index • • Included in the FTSE/JSE Responsible Investment Index, FTSE4Good Index and the Dow Jones Sustainability Index • • Underpinned by high-quality, physical property assets, diversified across sectors (Retail, Office and Industrial) • • Consistent record of growth and creating value for investors with 7.09% compound average annual growth in distributions over the past 5 years • • Sustainable quality of earnings that can be projected with a high degree of accuracy • • Well capitalised and conservatively geared • • Good corporate governance with transparent reporting • • Proven management track record • • Recipient of multiple sustainability, governance and reporting awards • • Baa3 global scale rating from Moody’s As of 30 June 2017 Growthpoint represents: • • 26.6% of GRT’s gross property assets • • 25.3% of GRT’s net property income • • 15.4% of GRT’s total distributable income Key Facts (as at 30 June 2017) 1 Listing GRT is listed on the Johannesburg Stock Exchange (JSE) Ranking on the JSE 21 by market capitalisation Closing exchange rate used AUD:ZAR=10.04 Market capitalisation R70.7B / AUD7.0B Gross assets R126.9B / AUD12.7B Net assets R78.8B / AUD7.9B Gearing (SA only) 33.4% Distributable Income R5.6B/ AUD546m (using an average exchange rate of R10.26 / AUD) ICR (SA only) 3.4 times No. of employees (SA only) 630 Properties 472 properties in South Africa, including 50% ownership of the prestigious V&A Waterfront 1. All information supplied by GRT (figures as at 30 June 2017). Growth in distributions (R¢) per share, as at 30 June 2017 FY16 FY17 183.8 195.8 FY13 149.0 FY14 161.3 FY15 173.3 Growth in tangible assets and market capitalisation (Rbn) as at 30 June 2017 Tangible Assets Market Cap FY16 FY17 71.5 70.7 116.1 122.3 FY15 71.5 103.8 FY14 56.5 82.0 FY13 49.9 62.8 Additional information About Growthpoint South Africa
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