Its primary objective is to pay increasing income returns to investors, which it achieves through:
- escalating rentals;
- satisfactory renewal of leases;
- renting of vacant space;
- managing and, where possible, reducing costs; and
- acquiring revenue enhancing properties.
Risk is managed by growing and diversifying the portfolio in terms of the number of properties, spread of tenants, spread of locations throughout South Africa and the spread of retail, office, industrial and residential properties.
Interest rates are fixed for 5 years on the majority of Arrowhead’s debt on date of drawdown.
Arrowhead has increased properties under management from R1,4 billion (89 properties) at listing to around R7,3 billion (185 properties), including the investment in Dipula. The asset value has grown more than 5 times since listing, while the number of properties in the portfolio has more than doubled. Importantly, vacancies have reduced during this period.
Assets are managed internally by the executive with property management provided by JHI.
There have been two significant improvements to Arrowhead’s business in the last twelve months: the successful acquisition of Vividend and the addition of over R500 million in residential properties.
The company pays its annual net income to its unitholders in the form of quarterly distributions, has an active investor relations programme and adheres to best practice corporate governance.
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Integrated annual Report 2014
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Unaudited interim results for the six months ended 31 March 2015.
Prospectus and Circular
NOTICE OF GENERAL MEETING OF SHAREHOLDERS AND DEBENTURE HOLDERS
Date of issue: 29 August 2014
POSTING OF CIRCULAR, NOTICES OF GENERAL MEETINGS AND IMPORTANT DATES AND TIMES
Date of issue: 3 June 2014
PREPARED IN TERMS OF THE LISTINGS REQUIREMENTS OF THE JSE AND THE
Date of issue: 2 June 2014
CIRCULAR TO ARROWHEAD LINKED UNITHOLDERS
Date of issue: 13 May 2015
ARROWHEAD DELIVERS 17,9% GROWTH IN DISTRIBUTIONS11 November, 2014
Monday, 10 November 2014 – Arrowhead Properties, the South African JSE listed Real Estate Investment Trust, has declared a distribution
ARROWHEAD INTERIM RESULTS AGAIN EXCELS WITH 13,5% DISTRIBUTION GROWTH12 May, 2014
Monday, 12 May 2014 – Arrowhead Properties Limited (Arrowhead), the SA REIT and JSE-listed property loan stock company, has declared