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 $6.6 billion1 total assets under management. We directly own and manage 572 high quality, modern office and industrial properties, valued at approximately $4.8 billion1.
We manage a further $1.8 billion1 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 15.5% securityholding in Dexus Industria REIT (ASX:DXI) valued at $126.5 million3 as at 30 June 2023.
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 200. Moody’s has issued us with an investment-grade rating of Baa2 for domestic senior secured debt.
Our investment proposition.
Growthpoint is a leading ASX-200 property group, led by an established executive team with deep sector experience and a track record of performance and disciplined capital management.
We are the largest ASX-listed owner of modern A-grade metropolitan office portfolio, with strong green credentials, predominantly leased to government, listed or large organisations.
Our diversified industrial logistics and warehouse portfolio is leased to premium tenants. This is a growth market with rising rents and historic low national vacancy rate.
Experienced and successful property funds management business, targeting sustainable and accretive growth in FUM through the cycle.
Prudent gearing supported by secure WALE of 6.0 years. Well hedged with no facility maturities in FY24. Focussed on delivering stable income streams and long-term capital appreciation.
We want to be a space to thrive for our employees, tenants, Securityholders and stakeholders. Our values shape who we are, what we do and how we act.
- Respect: dealing with others openly, honestly and respectfully
- Success: valuing performance, hardwork and high standards
- Inclusion: appreciating our diversity, heritage and perspectives
- Integrity: doing the right thing for tenants, investors and team
- Fun: enjoying work, being sociable and playing as a team