Growthpoint Properties Limited operates in the Real estate agents and managers sector. Growthpoint Properties Limited (Growthpoint) is a variable-rate property loan stock company. The primary business of Growthpoint is long-term investment in rental generating properties. As of June 30, 2011, the Company owned a portfolio of 424 directly owned properties in South Africa. As of June 30, 2011, the Company's retail portfolio consisted of 51 properties in South Africa and two in Namibia. The retail portfolio, consisting of neighborhood, community, value and regional shopping centers, includes premier shopping centers in South Africa's major urban areas. Its office- portfolio consists of 134 properties with a total gross lettable area of approximately 1.17 million square meters. The industrial portfolio is divisible into a number of categories, warehousing and industrial parks. On June 7, 2011, Growthpoint jointly with the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation Limited acquired 100% of the V&A Waterfront.