Buoyant suburban and city-fringe office markets amplify leasing activity and income at property manager Growthpoint Properties.
“Market conditions are a challenge for our business,” is Stockland chief executive Mark Steinert’s oblique assessment of Australia's residential and retail property markets.
Suburban office and logistics specialist Growthpoint is diving back into the once-struggling Perth market as it looks for growth beyond the healthy values and earnings generated by its east coast holdings.
South African-backed property player,Growthpoint Properties,is eyeing recent stock market volatility for merger opportunities