INVESTMENT BANKING | EQUITY CAPITAL FUND | 19 JANUARY 2021 Growthpoint Properties (Growthpoint) – R4.3 billion Accelerated Bookbuild Absa | Corporate and Investment Banking > Insights and Events > Growthpoint Properties – ZAR 4.3 billion Accelerated Bookbuild SHARE Growthpoint Properties (Growthpoint) – R4.3 billion Accelerated Bookbuild Growthpoint is the largest JSE primary listed REIT, with c.R160.5 billion in group property asset value. In November 2020, Growthpoint raised ZAR 4.3 billion via an accelerated bookbuild. The capital raise ensured that Growthpoint was able to reduce its leverage and maintain its strong balance sheet to provide mobility for its ongoing development and investment activities. Absa acted as joint Bookrunner for the R4.3 billion accelerated bookbuild. Contact: Samira Hassanally, Head of Equity Capital Markets to find out more. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles AWARDS Financial Mail Top Analyst Awards The Financial Mail Top Analyst Awards provide that ranking. The awards – which mark their 46th year in 2022 – are based on a survey that provides a reliable and independent ranking of skills in the industry. Consulting firm Intellidex conducts that survey through confidential questionnaires that cover about 90% of South Africa’s institutional stockbroking market. Read more EVENT Expanding skywards requires growth experts Future-proof organisation need sustainable solutions. This is why we’re proud to sponsor this year’s The East Africa Property Investment (EAPI) Summit. This year’s event marks the first in-person conference of industry leaders in two and a half years. It’ll feature keynote addresses, interactive panel discussions, case studies and formal and informal networking opportunities. Read more EVENT Making greater strides together Taking on some of the most rugged terrain in the world’s toughest mountain bike race takes passion and dedication. As one of the toughest bike races on the international calendar, the Absa Cape Epic sees amateur and professional cyclists traversing over 100km of the rural Western Cape. Read more
