In the tough Australian property market, ASX-listed Growthpoint Properties Australia is flourishing with a diversified and tactical approach to investment property. Growthpoint boasts a $1.8-billion portfolio of quality, well-leased office and industrial properties across Australia.
Growthpoint’s roots are embedded in South Africa, with the organisation’s parent company, JSE-listed Growthpoint Properties Limited, holding $7 billion worth of property across the country, making it South Africa’s largest listed property group. Growthpoint of South Africa currently owns 64 per cent of Growthpoint Properties Australia, with a further 20 per cent owned by other South African institutions, corporates, and individuals. This strong base in South Africa has allowed the Australian arm to thrive, with the company growing from a portfolio of $650 million to $1.8 billion in just four years.
Timothy Collyer has been the managing director of Growthpoint since 2010, was the fund manager prior to that, and has been instrumental in its recent success with a broader, more diversified approach.
Tim has more than 24 years experience in ASX-listed and unlisted property funds management, property investment and development, property valuation, and property advisory. During his career, Tim has been involved with a number of corporate transactions including mergers, acquisitions, takeovers, recapitalisations, and property portfolio purchase and disposals.