Growthpoint Properties (GOZ.AX)

Overall impact
B (69)

Commentary

Growthpoint Properties is a strong overall performer. With a 'B' rating of 68.9 for overall impact (80th percentile compared to all companies), Growthpoint Properties ranks 11th out of 95 industry peers, behind Dexus, InvenTrust Properties, GPT Group and 7 others, and ahead of Chimera Investment, Japan Metropolitan Fund Investment, Hotel Property Investments and 81 others. On top material causes for Growthpoint Properties's industry (Diversified REITs), Growthpoint Properties performs well in Lgbtq Equality (86.4 score), Equal Pay and Opportunity (95.3), Accountable Institutions (83.9) and 12 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (20.5 score).
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Cause GOZ.AX
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Company
Employees
62
Sector
Real Estate
Industry
Diversified REITs
Sub-industry
Diversified REITs
SASB industry
Real Estate
Headquarters
Vic, Australia
Share classes
GOZ.AX
Description
Growthpoint provides space for you and your business to thrive. Since 2009, we've been investing in high-quality industrial and office properties across Australia. Today, we have $6.9 billion3 total assets under management. We directly own and manage 58 high quality, modern office and industrial properties, valued at approximately $5.0 billion3. We actively manage our portfolio and invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We manage a further $1.9 billion3 on behalf of third-party investors through our funds management business, which manages funds that invest in office, retail and mixed-use properties across value-add and opportunistic strategies. We are committed to operating in a sustainable way and reducing our impact on the environment. We are targeting net zero by 2025 across our 100% owned on balance sheet operationally controlled office assets and corporate activities. Growthpoint Properties Australia (ASX: GOZ) is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody's has issued us with an investment-grade rating of Baa2 for domestic senior secured debt.
Material causes
Ethos considers the following causes material for Growthpoint Properties, based on its industry sub-industry Diversified REITs. Learn more about material causes in our methodology overview.

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