Growthpoint leads financial reporting and communication at the Investment Analysts Society Awards
Growthpoint Properties is the overall winner of the Investment Analysts Society (IAS) Excellence in Financial Reporting and Communications Awards 2016, and the winner for the property sector for the sixth consecutive year. Each year, the IAS presents awards to companies that display excellence in transparency, financial disclosure and communication with members of the IAS and the investment community. The IAS awards winners for the 2016 financial year were announced at the JSE yesterday. An esteemed award for excellence in providing and communicating market intelligence from the IAS is assurance of the quality of information provided to analyse the company. Growthpoint Properties Managing Director, Estienne de Klerk, comments: “These awards underscore Growthpoint’s commitment to excellent financial reporting and communication. We are passionate about providing information that ensures a good understanding and awareness of Growthpoint in the market. We do this by sharing our strategies, rationales and other intelligence and insight in a way that is timely, accurate and meaningful. Our reporting and communication allows us to share Growthpoint’s investment story and show how we provide value to our stakeholders and contribute to South Africa’s society and economy.” De Klerk emphasises that Growthpoint is thrilled to receive the overall award and especially pleased the quality of Growthpoint’s governance, communication and reporting has been acknowledged by the analysts of the IAS. “Analysts are important stakeholders and play a vital role in investor communication and investment decision making.” He adds: “We are also particularly pleased to receive the award for reporting and communication in the listed property sector for the sixth year running. This shows that, even with the significant changes in our company over the years, Growthpoint remains successfully and sustainably focused on maintaining reporting, communication and governance excellence.” Growthpoint is a JSE-listed REIT that is well on its way to becoming a leading international property company. It provides space to thrive with innovative and sustainable property solutions in a diversified portfolio of 533 properties it owns and manages, including 473 properties in South Africa, 59 properties in Australia through its investment in Australian Stock Exchange-listed Growthpoint Properties Australia and a 50% interest in the properties of the V&A Waterfront, Cape Town. It also owns a 26.9% stake in the €1bn property portfolio of London Stock Exchange Alternative Investment Market-listed Globalworth Real Estate Investment, the largest owner of office space in Romania.