WHETHER the metrics of capital returns or operating costs are applied, sustainability makes sound financial sense. South Africa’s Growthpoint Properties has crafted a portfolio that aims to do well by doing good. The company operates as a Real Estate Investment Trust (REIT), providing renters with space to thrive and keeping shareholders happy with a 16-year record of uninterrupted dividend growth. Growthpoint’s property assets and offshore holdings are valued at $9bn, including rental properties throughout South Africa. Growthpoint has invested more than $2m in water-saving initiatives and $9m in solar projects, and its properties have been accredited by the country’s Green Building Council. Most have been granted fourstar ratings, and that certification is expected to apply across its entire portfolio by 2020. For its outstanding environmental innovation and leadership, the BV judging panel declares Growthpoint Properties winner of the 2019 award for Best Green Workspace Solutions (South Africa).
