Arrowhead is a diversified opportunistic South African REIT focused on creating long term shareholder value.
Arrowhead is a 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, as at 30 September 2017, Arrowhead held a 66,2% interest (2016: 60,1%) in its subsidiary, Indluplace which owns a portfolio of residential properties. As at 30 September 2017 Arrowhead also owned 61,7% of the B ordinary shares in Gemgrow equivalent to 55,2% of Gemgrow, which owns a diverse portfolio of commercial properties. The average value per property as at 30 September 2017 was R110 million (2016: R49,2 million).
In addition, Arrowhead held a 19,5% interest in Rebosis as well as a 10,8% interest in 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.