Arrowhead is a Real Estate Investment Trust ("REIT") holding directly a diverse portfolio of office, retail and industrial properties valued at R5,6 billion. In addition, as at 31 March 2017, Arrowhead held a 59,7% interest (2016: 60,1%) in Indluplace Properties Limited ("Indluplace"), which owns a portfolio of residential properties. Arrowhead also owned 61.7% of the B-ordinary shares in Gemgrow Properties Limited ("Gemgrow"), equivalent to 55,2% of Gemgrow, which owns a diverse portfolio of office, retail and industrial properties. Arrowhead also held an interest of 19,48% in Rebosis Property Fund Limited ("Rebosis") as well as a 11,3% interest in Dipula Income Fund Limited ("Dipula") at 31 March 2017. 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.
321.00 ZAR
As of 09/17/2019
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