SJ:AWA Arrowhead Properties Limited

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


Security Information
Category1:  Global Equity
Category2:  REITs
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  
Index country:  South Africa
Country of incorporation:  South Africa
IPO date:  12/09/2011
Stock exchange:    Johannesburg Stock Exchan
Exchange country:   South Africa
Market cap:   3,363,052,800 ZAR
Current dividend yield:   19.15%
Sedol:      BX9CVM6

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