Tag: Norbert Sasse
Growthpoint’s headline earnings have sunk by 49.4 per cent, as COVID-19 leaves havoc on its trail. All three of the company’s domestic businesses were impacted by the wreckage. South Africa’s largest property group has deferred a decision on a final dividend to later this year. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.
Office vacancies for South Africa’s largest property group, Growthpoint has increased due to the country's weak economic standing. Growthpoint, whose distribution per share grew 0.2 per cent to 106c in its half-year to end- December, is now looking to venture offshore. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.
South Africa's largest listed real estate company, Growthpoint has signed one of the biggest merger and acquisitions deals yet with a R2.9 billion takeover of U.K based Capital and Regional. Growthpoint Group CEO, Norbert Sasse joins CNBC Africa for more.
Norbert Sasse, the CEO of Growthpoint reveals the impact of Eskom’s load-shedding on SA’s largest property company.
The United Kingdom and the European Union have reached a draft Brexit deal in the eleventh hour of talks. This has happened on a day when South Africa’s largest listed real estate company Growthpoint is offering UK shopping centre owner Capital and Regional shareholders a premium of 100 per cent for their shares as they hope to have a controlling stake in the company. Joining CNBC Africa for more is Norbert Sasse, Group CEO of Growthpoint.
Growthpoint expects positive growth from its international operations but is concerned about the overall weakness in the South African economy. It expects growth in dividends per share for next year to be about 4.5 per cent compared to of 6.5 per cent for this year. To discuss the property giant’s future prospects following the release of its full year results is CEO Norbert Sasse.
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