Growthpoint lifts full-year distributions by 4.6% y/y

World News: . []

JSE-listed real estate investment trust Growthpoint Properties delivered growth in distributions a share of 4.6% in the financial year ended June 30, compared with the 2018 financial year, despite South African property fundamentals remaining weak and worsening. Growthpoint declared a final dividend of 112.3c apiece for the six months ended June 30, taking the dividend for the full-year to 218.1c apiece.

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