Sasse on leading Growthpoint from a R118m to R175bn company

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

[PODCAST] growthpoint moved from being a R118m to R175bn company, the group's CEO - Norbert Sasse shares more details about this achievement and his journey on PropertyPod with SurenNaidoo. Download the podcast here: Moneyweb Property

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COMPANIES: Premier Group returns to the JSE after an 18-year hiatusThe Premier Group returned to the bourse on Friday, 24 March, giving investors access to trading in South Africa’s oldest food and packaged goods business.
Source: dailymaverick - 🏆 3. / 84 Read more »