Leadership
Growthpoint Properties
Turnaround year for Growthpoint Under Norbert Sasse ’s leadership Growthpoint Properties has grown from a R120m portfolio to a powerhouse boasting a portfolio of R155.8bn.
“Strategically we want to get Growthpoint back on the front foot, continue expanding the business in South Africa and internationally,” he tells Asset.
Estienne views persistent high interest rates, double-digit increases in municipal charges, safety and security, and retaining skilled staff as the primary challenges facing the industry.
Still, it has not been plain sailing for the listed property market in recent years, even for a heavyweight like Growthpoint, the country’s largest REIT.
Under Norbert Sasse’s leadership Growthpoint Properties has grown from a R120m portfolio to a powerhouse boasting a portfolio of R155.8bn.
Millroad Industrial Park in Cape Town
October 2025 | Issue 141 | Asset Magazine 243
242 Asset Magazine | Issue 141 | October 2025
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