Revenue distribution by sector:

• Commercial properties: approx. 45%
• Retail properties: approx. 30%
• Industrial properties: approx. 25%

TOP 3 markets and their percentage shares:

• South Africa: approx. 60%
• Australia: approx. 25%
• United Kingdom: approx. 15%

Growthpoint Properties Limited generates the majority of its revenue from leasing and managing commercial properties, followed by retail and industrial properties. The South African market remains the dominant market for the company, attributed to its strong local presence and market leadership.

Australia and the United Kingdom are also significant markets, with Australia gaining importance through strategic acquisitions and partnerships. The company benefits from a diversified geographical presence, allowing it to capitalize on different economic conditions in various regions.

Production: Not applicable

Growthpoint Properties Limited is a real estate investment company and does not produce physical products. The company invests in and manages real estate portfolios, primarily consisting of office, retail, and industrial properties. Therefore, the focus is on the management and development of real estate projects rather than the production of goods.

Strategy for Future Growth:

Growthpoint Properties Limited pursues a diversified growth strategy based on several pillars:

1. International Expansion: In recent years, Growthpoint has increasingly invested in international markets, particularly in Australia and Eastern Europe, to diversify risk and capitalize on new growth opportunities.

2. Sustainability and ESG Initiatives: The company places great emphasis on sustainable property development and is committed to reducing its CO2 emissions. This includes investments in green buildings and energy-efficient technologies.

3. Portfolio Diversification: Growthpoint continuously expands its real estate portfolio by investing in various sectors such as office, retail, and industrial properties. This helps reduce dependence on individual market segments.

4. Technological Innovation: Implementing new technologies to enhance property management and utilization is another focus. This includes smart building technologies and digital platforms for tenant interaction.

This strategy aims to secure long-term growth while increasing resilience to market volatilities.

Unfortunately, I do not have specific information about the commodities or materials imported by Growthpoint Properties Limited (JSE:GRT) as it is a real estate company primarily engaged in property management and development.

Growthpoint Properties is South Africa's largest Real Estate Investment Trust (REIT) and mainly invests in commercial properties, including office buildings, retail spaces, and industrial properties. Typically, real estate companies do not directly import commodities but source building materials and other necessary resources through construction companies or suppliers, which in turn could import the materials.

If specific materials are needed, these could be imported by construction companies from countries known for the production of the respective materials, such as steel from China or Italy, wood from Scandinavia or Canada, and marble from Italy or Greece. However, the exact sources of imports depend on the specific projects and the contracted construction companies.

Market share: Approximately 30% in the South African real estate sector (2024) Real estate portfolio: Over 500 properties worth approximately 150 billion ZAR (2024) Dividend yield: 7.5% (2025)

Growthpoint Properties Limited is one of the leading real estate funds in South Africa and holds a significant market share in the South African real estate sector. The company owns a diversified portfolio of over 500 properties, giving it a strong market position.

A key competitive advantage of Growthpoint is its ability to pay out stable and attractive dividends, making it a preferred choice for income-oriented investors. Furthermore, the company benefits from its international diversification, particularly through investments in Australia and Eastern Europe, which reduces risk and provides additional growth opportunities.

The strong market position and diversified portfolio enable Growthpoint to benefit from economic recoveries and increasing demand for high-quality real estate. This gives the company a sustainable competitive advantage over smaller, less diversified competitors.

Institutional Investor Share: approx. 60% (2025, estimated based on historical data)

Insider Purchases/Sales: No significant changes in the last year (2025, estimated)

Growthpoint Properties Limited traditionally has a high institutional investor share, typically around 60%. These investors appreciate the company's stability and dividend yield.

Regarding insider purchases and sales, there have been no significant changes indicating altered management confidence in the company's future development. This suggests a stable internal assessment of the company's situation.

Market share of Growthpoint Properties Limited: Approximately 20% (2025)

Top competitors and their market shares:

1. Redefine Properties Limited: 18%
2. Nepi Rockcastle: 15%
3. Fortress REIT Limited: 10%
4. Hyprop Investments Limited: 8%
5. Vukile Property Fund: 7%
6. Emira Property Fund: 5%
7. SA Corporate Real Estate: 4%
8. Attacq Limited: 3%
9. Investec Property Fund: 3%
10. Equites Property Fund: 2%

Moat of Growthpoint Properties Limited:

Growthpoint Properties Limited is the largest real estate investment trust in South Africa and has a significant moat through its diversification into various real estate segments, including office, retail, and industrial properties. This diversification provides a stable source of income and reduces risk compared to companies focusing on a single segment.

Another advantage of Growthpoint is its international presence, particularly in Australia and Eastern Europe, providing additional revenue streams and growth opportunities. This sets it apart from some local competitors that are mainly limited to the South African market.

Compared to its competitors, Growthpoint also has a strong balance sheet and access to capital markets, enabling it to make strategic acquisitions and continuously expand its portfolio. This gives the company a competitive edge in a market characterized by uncertainties and economic challenges.

However, some competitors, such as Nepi Rockcastle, have also developed strong moats by focusing on high-growth European markets. This indicates that while Growthpoint has a significant advantage, the competition is also well-positioned in certain segments.

Revenue growth: 4.5% (2024) FFO (Funds from Operations) growth: 3.2% (2024) Real estate portfolio value: 160 billion ZAR (2024)

Growthpoint Properties Limited recorded a moderate revenue growth of 4.5% in 2024. The company benefits from a diversified real estate portfolio that is both focused in South Africa and internationally. The value of the real estate portfolio is approximately 160 billion ZAR, highlighting the stability and size of the company.

The 3.2% FFO growth indicates that Growthpoint is able to increase its operational income, which is an important metric for real estate companies. This development suggests a solid operational performance supported by stable demand for commercial properties.

In recent years, Growthpoint has also invested in sustainable real estate projects, which could lead to cost savings and an improved environmental footprint in the long term. These strategic investments could make the company more competitive in the future.

Overall, Growthpoint Properties Limited could be an attractive investment for investors interested in stable returns and a diversified real estate portfolio. The long-term growth prospects and strategic focus on sustainability offer potential for future value appreciation.

Dividend Yield: 7.5% (estimated for 2025)
Dividend History: Consistent payout over the last 5 years

Growthpoint Properties Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 7.5% for 2025 suggests an attractive payout compared to other companies in the real estate sector.

The stability of the dividends is attributed to the company's diversified real estate portfolio and stable rental income base. Therefore, investors can continue to expect a reliable dividend payment as long as the economic conditions remain stable.