Arrowhead is a Real Estate Investment Trust (“REIT”) holding a diverse portfolio of retail, office and industrial (collectively “commercial”) properties valued at R5.6 billion, held directly and through a wholly-owned subsidiary. In addition, Arrowhead held a 60.1% interest in its subsidiary, Indluplace Properties Limited (“Indluplace”), which owns a portfolio of residential properties. Arrowhead also owned 62.0% of the B-ordinary shares in Gemgrow Properties Limited (“Gemgrow”), equivalent to 55.5% of Gemgrow, which owns a diverse portfolio of commercial properties.
In addition, Arrowhead held an interest of 18.6% in Rebosis Property Fund Limited (“Rebosis”) as well as a 10.6% interest in Dipula Income Fund Limited (“Dipula”).
The company’s main focus is on paying growing income returns to its investors. This is achieved through escalating rentals in terms of leases with tenants, satisfactory renewal of leases with existing tenants, renting of vacant space within the property portfolio, managing and reducing, where possible, costs associated with the property portfolio and by acquiring revenue enhancing properties and investments in other REITS.
|1 Sturdee Avenue, Rosebank (217kb)|
|8 Gemsbok, Sandton (149kb)|
|25 Owl Street, Auckland Park (73kb)|
|158 Jan Smuts, Rosebank (165kb)|
|Bridge on Bond (216kb)|
|Clearwater Crossing, Strubens Valley (216kb)|
PROVISIONAL CONSOLIDATED AUDITED RESULTS for the year ended 30 September 2017.
Full SENS announcement PDF 3.1MB
Prospectus and Circular
STATEMENT IN TERMS OF SECTION 60(4) OF THE COMPANIES ACT, 71 OF 2008
Date of issue: 25 August 2016
ARROWHEAD RELEASES PLEASING ANNUAL RESULTS22 November, 2017
Arrowhead, the South African JSE listed REIT, with a well diversified portfolio across South Africa and sectors, today announced pleasing annual results.
ARROWHEAD REPORTS INTERIM RESULTS IN LINE WITH GUIDANCE24 May, 2017
Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment. The company has declared a dividend of 43,24 cents per share, growth of 6,01%, for the six months ended 31 March 2017.