South Africa's Growthpoint posts marginal rise in distributable income

Growthpoint Properties Australia

13/09/2023 06:29

JOHANNESBURG, Sept 13 (Reuters) - South Africa's
Growthpoint Properties  GRTJ.J  said on Wednesday its full-year
distributable income rose by 1.3% as vacancies at home improved.
    Growthpoint said distributable income per share, the primary
measure of underlying financial performance in the listed
property sector, rose to 157.6 cents in the year to June 30 from
155.6 cents a year earlier.

 (Reporting by Nqobile Dludla; Editing by Clarence Fernandez)
 ((nqobile.dludla@thomsonreuters.com; +27103461066;))