Growthpoint Properties has been awarded as the overall winner of the Investment Analysts Society of South Africa (IAS) Excellence in Financial Reporting and Communications 2019. The company was also voted as the leader in communication and financial reporting in the property sector category.
Companies who display excellence in transparency, financial disclosure, and communication with members of the IAS and the investment community are rigorously selected by the IAS.
The IAS represents investment professionals throughout South Africa who play a key role in investor communication and investment decision-making. The society regularly canvasses their opinions on which public companies they believe have excelled in displaying outstanding expertise and transparency.
Growthpoint has been acknowledged by the IAS every year since 2011 and the company has been named ‘Overall Winner’ of these awards on three separate occasions.
“These awards underscore Growthpoint’s commitment to providing accurate, meaningful and timely information to the market. We are thrilled to receive the overall prize for the third time and honored to accept the property sector award. While this is not the first year, we have won both awards, it is one of the most memorable and rewarding as every year the competition gets tougher and the bar gets set higher. Growthpoint has an incredibly talented team who drive the success of our financial reporting and communication, and who can be incredibly proud of their achievements” comments Norbert Sasse, Group CEO of Growthpoint Properties.
“We are especially pleased that the quality of our governance, communication and reporting has been acknowledged by the analysts of the IAS, which is a valued endorsement from the investor community indeed. These awards are assurance of the high quality of information provided to analyse our company.”
“We know that providing information swiftly is essential for the key stakeholders in our business, and we make it a priority to share excellent insight into all aspects of our business. This discipline stands us in good stead at this unprecedented time. We believe, no matter what the operating conditions, it is important to communicate our investment strategies and objectives with the market. Growthpoint remains dedicated to excellent standards in our financial reporting and to communication that gives a full and accurate picture of our business. We will carry on engaging with our stakeholders actively and openly.”