Growthpoint shines in financial reporting and communication
16 July 2019
Growthpoint Properties won the Best Reporting and Communication Awards – Property Sector at the Analysts Society of South Africa (IAS) Excellence in Financial Reporting and Communications Awards 2018.
Each year, the IAS honours companies that demonstrate excellence in transparency, financial disclosure and communication with the investment community and its members. Winners of the IAS awards winners for the 2018 financial year were announced last month at the JSE in Sandton Central.
A respected IAS award for excellence in providing and communicating market intelligence is an assurance of the high quality of information provided to analyse the company.
This marks the ninth year in a row that Growthpoint has received an award from the IAS for its communication of market intelligence.
Growthpoint’s Chief Financial Officer: South Africa, Francois Schindehütte, accepted the award saying, “Growthpoint appreciates the fact that it has received an award from the IAS for the last number of years, and we will continue to strive for excellence in transparency and financial reporting.”
Growthpoint’s reporting shares its investment story and shows how it provides value to its stakeholders and contributes to South Africa’s society and economy. As a leading international property company, it aims to align with the best global practices, and it takes great care to be transparent and ensure high levels of corporate governance.
Head of Investor Relations at Growthpoint, Lauren Turner, adds, “We take our reporting very seriously and are committed to excellent standards in our communication, with an emphasis on transparency, clarity, reliability and relevance. We are especially pleased to receive this honour from the analysts of the IAS. There is a good reason that we view analysts as important stakeholders; they play a key role in investor communication and investment decision-making.”
Growthpoint provides space to thrive with innovative and sustainable property solutions. It is the largest South African primary listed REIT on the JSE with R140bn in assets and a diversified portfolio of real estate investments on three continents. It is a FTSE/JSE Top 40 Index company and Top 10 constituent of the FTSE EPRA/NAREIT Emerging Index and is also in the FTSE4Good Emerging Index and FTSE/JSE Responsible Investment Index.
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