Growthpoint Properties Limited

JSE:GRT Stock Report

Market Cap: R43.8b

Growthpoint Properties Management

Management criteria checks 3/4

Growthpoint Properties' CEO is Leon Sasse, appointed in Mar 2018, has a tenure of 6.75 years. total yearly compensation is ZAR27.27M, comprised of 31.2% salary and 68.8% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth ZAR58.36M. The average tenure of the management team and the board of directors is 6.8 years and 4.5 years respectively.

Key information

Leon Sasse

Chief executive officer

R27.3m

Total compensation

CEO salary percentage31.2%
CEO tenure6.8yrs
CEO ownership0.1%
Management average tenure6.8yrs
Board average tenure4.5yrs

Recent management updates

Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Nov 19
Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Recent updates

Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Nov 19
Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Nov 25
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Nov 09
Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Mar 23
Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Feb 28
Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

Feb 01
Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Jan 05
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

CEO Compensation Analysis

How has Leon Sasse's remuneration changed compared to Growthpoint Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R27mR9m

R1b

Mar 31 2024n/an/a

R958m

Dec 31 2023n/an/a

R647m

Sep 30 2023n/an/a

R2b

Jun 30 2023R26mR8m

R2b

Mar 31 2023n/an/a

R4b

Dec 31 2022n/an/a

R6b

Sep 30 2022n/an/a

R7b

Jun 30 2022R26mR8m

R8b

Mar 31 2022n/an/a

R6b

Dec 31 2021n/an/a

R4b

Sep 30 2021n/an/a

R2b

Jun 30 2021R17mR7m

-R497m

Mar 31 2021n/an/a

-R6b

Dec 31 2020n/an/a

-R12b

Sep 30 2020n/an/a

-R9b

Jun 30 2020R23mR6m

-R7b

Mar 31 2020n/an/a

-R346m

Dec 31 2019n/an/a

R6b

Sep 30 2019n/an/a

R6b

Jun 30 2019R26mR6m

R6b

Mar 31 2019n/an/a

R5b

Dec 31 2018n/an/a

R4b

Sep 30 2018n/an/a

R6b

Jun 30 2018R29mR7m

R7b

Compensation vs Market: Leon's total compensation ($USD1.44M) is above average for companies of similar size in the ZA market ($USD1.06M).

Compensation vs Earnings: Leon's compensation has been consistent with company performance over the past year.

CEO

Leon Sasse (60 yo)

6.8yrs

Tenure

R27,266,606

Compensation

Mr. Leon Norbert Sasse, BCom (Hons) (Acc), CA (SA) has been the Group the Chief Executive Officer of Growthpoint Properties Ltd. since March 1, 2018. Mr. Sasse has been an Executive Director at Acucap Prop...

Leadership Team

NamePositionTenureCompensationOwnership
Leon Sasse
Group CEO & Executive Director6.8yrsR27.27m0.13%
ZAR 58.4m
Gerald Volkel
Group Financial Director & Executive Director11.8yrsR13.05m0.038%
ZAR 16.5m
Estienne de Klerk
CEO of South Africa & Executive Director9.8yrsR21.20m0.15%
ZAR 65.3m
Panayiotis Theocharides
Group Head of Investments1.9yrsno datano data
Alec Davis
Chief Information Officerno datano datano data
Lauren Turner
Head of Investor Relations & Strategyno datano datano data
Xolani Hlatshwayo
Group Legal Counsel5.9yrsno datano data
Z. Dziba
Head of Risk & Complianceno datano datano data
Engelbert Binedell
Chief Operating Officer of South Africa6.9yrsno datano data
David Stoll
Regional Head of Cape Townno datano datano data
P. Engelbrecht
National Development Headno datano datano data
Shawn Theunissen
Head of Corporate Social Responsibilityno datano datano data

6.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: GRT's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Leon Sasse
Group CEO & Executive Director21.3yrsR27.27m0.13%
ZAR 58.4m
Gerald Volkel
Group Financial Director & Executive Director11.8yrsR13.05m0.038%
ZAR 16.5m
Estienne de Klerk
CEO of South Africa & Executive Director16.3yrsR21.20m0.15%
ZAR 65.3m
Frank Berkeley
Independent Non-Executive Director5.3yrsR1.78mno data
Rhidwaan Gasant
Independent Chairman of the Board4.5yrsR3.27mno data
Andile Sangqu
Lead Independent Director4.3yrsR1.38mno data
Clifford Raphiri
Independent Non-Executive Director2.8yrsR1.19mno data
Melt Hamman
Independent Non-Executive Director3.3yrsR1.57m0.00016%
ZAR 70.1k
Kuby Lebina
Independent Non-Executive Director4.3yrsR1.15mno data
John Van Wyk
Independent Non-Executive Director5.3yrsR1.23m0.0021%
ZAR 906.5k
Eileen Wilton
Independent Non-Executive Director2.8yrsR1.39mno data

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: GRT's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 05:58
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Growthpoint Properties Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mahir HamdulayAbsa Bank Limited
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Pranita DayaAnchor Stockbrokers Proprietary Limited