Growthpoint Properties, South Africa’s biggest listed property company, has announced a record breaking sales achievement. Its new luxury residential development in Sandton, called Olympus, sold over one billion rand worth of apartments in just four days.

The project is being built in partnership with Tricolt. During its sales launch, 420 of the 529 available units were sold. This makes it one of the fastest selling luxury residential projects ever in South Africa.

The CEO of Growthpoint Properties stated that this extraordinary demand confirms the company’s vision for the area. Buyers are seeking high quality residential units that combine a convenient lifestyle with an excellent location. Reaching a billion rand in sales so quickly is a strong sign that premium properties in the best locations remain highly desirable.

The Olympus development is a key part of Growthpoint’s larger plan for the Sandton Summit precinct. This plan aims to create a fully integrated neighborhood in the heart of Sandton where people can live, work, and enjoy leisure time. The rapid sales show strong confidence from both investors and people who plan to live there, highlighting Sandton’s enduring appeal as South Africa’s top business and residential district.

The development’s success is driven by its prime location within the Sandton business hub, its high end finishes, and premium amenities designed for affluent professionals.

With sales now complete, Growthpoint will focus on constructing the building and handing over apartments to buyers. This project reinforces the company’s role in shaping urban renewal and providing quality housing in Sandton.

About the Company
Growthpoint Properties Limited is a leading international property company. It is the largest primary listed property investment trust in South Africa. The company owns and manages a wide range of properties in South Africa, Australia, the United Kingdom, and Eastern Europe. Growthpoint is dedicated to investing in high quality, sustainable properties that provide value to its shareholders and create a positive social and environmental impact.