BRIEF-Growthpoint Properties Sees HY DPS To Decrease By At Least 15%

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BRIEF-Growthpoint Properties Sees HY DPS To Decrease By At Least 15%

March 5 (Reuters) - Growthpoint Properties Ltd GRTJ.J :

* EXPECTS ITS DPS FOR SIX MONTHS ENDED 31 DECEMBER 2020 TO DECREASE BY AT LEAST 15%

* WILL DETERMINE MAGNITUDE OF DPS, WHICH WOULD NOT BE LESS THAN 75% OF DISTRIBUTABLE INCOME PER SHARE FOR HY

* EXPECTS ITS DIPS FOR SIX MONTHS ENDED 31 DECEMBER 2020 TO DECREASE BY BETWEEN 29% AND 33%

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