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 2023 The annual Financial Mail Top Analyst Awards, in partnership with Iress and JSE, awards South Africa’s top analysts in the institutional stockbroking industry. Read more GLOBAL MARKETS A Different Kind of Debt Instrument The South African government recently issued a new floating-rate note. What does it offer, and what does the market reaction reveal about the state of local credit markets? Read more 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
