You can also listen to this podcast on iono.fm here. This week’s podcast is a special one, as it marks the 50th episode of The Property Pod, and we’ve got a heavyweight guest on the show. Other than the 50th episode milestone, the good news is that this Moneyweb podcast will be publishing weekly from April, on Tuesdays. On our latest pod we have Norbert Sasse, Group CEO of Growthpoint Properties, the largest real estate investment trust listed on the JSE.
Growthpoint makes offer to buy Rabinov [April 2011] In 2013/14, we did pretty much the acquisition of the Tiber property portfolio. Sorry – before that, actually in 2011, we bought the V&A Waterfront! How could you leave that out? That’s your trophy asset. “[Chuckling] Trophy asset – absolutely. I’m just trying to get the chronology right here. The Waterfront was a very big highlight in 2011.
Growthpoint, PIC buy V&A Waterfront “If I had to pick maybe three of those, I would highlight the internalisation transaction in 2007, where we became independent.” “For me, that is when Growthpoint got its soul.” “Until that time it was managed externally in terms of this contractual arrangement with Investec, but once we became internal and employees of Growthpoint, that is when the company got its soul. That was one of the big, big moments.
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