GROWTHPOINT RAISES R4.3BN IN BOOKBUILD

© Provided by Business Report CAPE TOWN – Growthpoint Properties raised R4.3 billion yesterday via accelerated bookbuild, which will be used to strengthen its balance sheet and to pay off debt from the December 2019 acquisition of a stake in UK regional shopping centre group Capital & Counties.Growthpoint’s share price fell 14 percent to R11.82 by midday yesterday, more ...