Moodys Investors Service - Growthpoint Properties Limited (1023) Growthpoint Properties Limited: Update Following the Downgrade of the Ratings to Baa3, Outlook Negative

Report

Moody's Investors Service

EUR 220.94 For Business Accounts Only

Growthpoint Properties Limited: Update Following the Downgrade of the Ratings to Baa3, Outlook Negative

CORPORATES CREDIT OPINION 19 June 2017 Update RATINGS Growthpoint Properties Limited Domicile Johannesburg, South Africa Long Term Rating Baa3 Type LT Issuer Rating - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Dion Bate 27-11-217-5472 VP-Senior Analys

19/06/2017 10 EN

Underlying

Growthpoint Properties Limited

Growthpoint Properties is a real estate investment trust (REIT) company., As of June 30 2014, Co.'s property portfolio comprised 436 owned and managed properties in the South African Industrial, Office and Retail sectors, 51 properties through its investment in Growthpoint Properties Australia (GOZ), and a 50% interest in the properties of the V&A Waterfront. Co.'s primary business is long-term investment in quality, rental-generating properties. Co. oeprates two segments South Africa, and Australia. Co.'s South Africa segment comprised of Retail, Office, and Industrial.

See profile

ZAE000179420 Johannesburg Stock Exchange South Africa

Provider

Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

See profile

Other Reports on these Companies

TheScreener

GROWTHPOINT increases its risk exposure and slightly lowers to Neutral

GROWTHPOINT (ZA), a company active in the Real Estate Holding & Development industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date February 25, 2022, the closing price was ZAR 13.50 and its expected value was estimated at ZAR 14.24.

Free Trial

February 26, 2022 February 26, 2022 1 EN

Independent Investment Research

Monthly LMI Update Independent Investment Research

Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked. This compares to the total dividends of 5 cents per share in FY20. The Board has confirmed that, in...

August 6, 2021 August 6, 2021 10 EN

Fundamental Research

Feasibility Study Results in December to be a Catalyst for this Junior

EUR 17.08

November 25, 2019 November 25, 2019 14 EN

Moody's Ratings announces completion of a periodic review of ratings of Zelis Payments Buyer, Inc.

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Zelis Payments Buyer, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 19 August 2025 in which we reassessed the appropriateness of the ratings in the ...

26m 26m 1 EN

Moody's Ratings downgrades Breitling's CFR to B3 and maintains negative outlook

Moody's Ratings (Moody's) has today downgraded Breitling Holdings S.a r.l.'s (Breitling or the company) corporate family rating (CFR) to B3 from B2 and its probability of default rating (PDR) to B3-PD from B2-PD. Concurrently, the company's instrument ratings, including the €1,095 million backed sen...

35m 35m 1 EN

Moody's Ratings affirms Venture Global Calcasieu Pass' Ba1 rating; outlook revised to positive

Moody's Ratings (Moody's) today affirmed the Ba1 rating assigned to Venture Global Calcasieu Pass, LLC's (VGCP) senior secured obligations, including its senior secured notes. The outlook was revised to positive from stable. RATINGS RATIONALE Today's rating action reflects the recent credit positive...

42m 42m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN