SJ:GPB Gemgrow Properties Ltd B

Arrowhead is a diversified South African Real Estate Investment Trust (REIT) focused on creating long-term shareholder value. Arrowhead holds a diverse portfolio of retail, office and industrial (collectively commercial) properties valued at R5.7 billion (held directly and through a wholly-owned subsidiary). As at 31 March 2019, Arrowhead held a 59.6% interest (2018: 60.1%) in its subsidiary, Indluplace Properties Limited (Indluplace), which owns a portfolio of residential properties. As at 31 March 2019 Arrowhead also owned 61.5% (2018: 61.9%) of the B-ordinary shares in Gemgrow Properties Limited (Gemgrow), equivalent to 53.3% (2018: 55.5%) of Gemgrow, which owns a diverse portfolio of commercial properties. The average value per direct property held as at 31 March 2019 was R115.5 million (2018: R112.1 million). In addition, Arrowhead held an interest of 16.4% (2018: 16.4%) in Rebosis Property Fund Limited (Rebosis) as well as a 8.6% interest (2018: 8.6%) in Dipula Income Fund Limited (Dipula) at 31 March 2019.

472.00 ZAR
As of 07/19/2019


Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  Other
Index country:  South Africa
Country of incorporation:  South Africa
IPO date:  12/21/2011
Stock exchange:    Johannesburg Stock Exchan
Exchange country:   South Africa
Market cap:   2,144,508,800 ZAR
Current dividend yield:   20.13%
Sedol:      BD5CXL3

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