Business
Heavyweights knock ASX 1.1% lower; Tech rises as Afterpay hits $82 – The Sydney Morning Herald
The ASX 200 followed Wall Street lower on Thursday, sagging as much as 1.1%. Afterpay shares hit a record high $82 after the firm upgraded guidance last night.
Growthpoint – which counts the similarly named heavyweight South African-listed Growthpoint REIT as its main security holder – controls a portfolio of east coast metropolitan office towers and warehouses that are primarily leased to logistics firms.
The $2.4 billion platform is banking on businesses embracing the hub and spoke model, as a compromise between working from home and moving back to the office, to maintain its high office occupancy rates, now around 93 per cent, in its suburban build…
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