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;
- acquiring revenue enhancing properties; and
- growing dividends from Indluplace and Dipula.
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 and industrial properties.
Interest rates are fixed for 5 years on the majority of Arrowhead’s debt on date of drawdown.
Arrowhead has increased properties and investments under management from R1,4 billion (89 properties) at listing to around R6,5 billion (155 properties) at end March 2015. 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.
During the 2014 financial year Arrowhead acquired residential property assets of R500 million. An additional R1,1 million was acquired after September 2014. The entire residential portfolio was separately listed on the JSE on 19 June 2015 as Indluplace Properties Limited. Arrowhead holds 70% of the shares in Indluplace.
The company pays its annual net income to its shareholders in the form of quarterly distributions, has an active investor relations programme and adheres to best practice corporate governance.
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Strategy presentation PDF 2.6MB
Abridged consolidated audited results for the year ended 30 September 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
Vukile, Arrowhead and Synergy set to create new high-yielding, high-growth listed property fund11 March, 2016
Vukile Property Fund, Arrowhead Properties and Synergy Income Fund Limited today announced they intend to create a new high-yielding, high-growth investment prospect for listed property investors...
ARROWHEAD DELIVERS CONSISTENTLY17 February, 2016
Wednesday, 17 February 2016 – Arrowhead, the South African JSE listed Real Estate Investment Trust, ('REIT') declared a cash dividend of 20.03 cents per share for the quarter ended 31 December 2015.