Listen! Growthpoint warns of tough times ahead
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Growthpoint has recorded tepid annual growth. South Africa's largest listed REIT has reported a 1.3% increase in distributable income and upped its dividend by a similar margin. Moving forward Growthpoint has raised concerns about the state of South Africa's economy, warning of a slump in distributable income if circumstances remain uncertain. Business Day TV unpacked the performance with Group CEO, Norbert Sasse.