RC 260909SAfm
Wednesday, 9 September 2026
Business results, airport infrastructure investment and disciplined portfolio management dominated the market-focused episode, with Growthpoint’s CEO reflecting on his departure after 26 years.
- 18:17
Growthpoint reported revenue above R13.2 billion, reduced its loan-to-value ratio to below 40%, and outgoing CEO Norbert Sasse said the balance sheet now has capacity for growth.
- 18:30
Airports Company South Africa reported R8.8 billion revenue, up from R7.9 billion, and plans a R21.7 billion investment programme including terminal upgrades and expanded cargo capacity.
- 18:46
Hyprop lifted distributable income per share by 11.7%, reduced debt and expects 7% to 9% growth in distributable income per share during 2027.
- 18:37
Alan Gray portfolio manager Tim Ake said investors can succeed while being wrong three or four times out of ten, provided winners are larger and losses are tightly controlled.
- 18:19
Sasse leaves Growthpoint after 26 years, having overseen expansion from nine properties to more than 460 and dividends exceeding R76 billion, while acknowledging office-sector exposure remains challenging.