Indluplace Properties Limited confirmed it will list on the main board of the securities exchange operated by the JSE on 19th June 2015.
Arrowhead acquires R1 billion residential properties; increases total residential portfolio value to R1.6 billion.
Arrowhead Properties, the South African JSE listed Real Estate Investment Trust, has declared a distribution of 36,43 cents per combined A and B unit for the quarter ended 30 September 2014.
More rental housing portfolios are finding their way to the JSE's R260bn listed real-estate sector although they are mostly part of larger commercial property offerings.
Arrowhead Properties Limited (Arrowhead), the JSE-listed SA REIT (Real Estate Investment Trust), announced its firm intention to acquire all the issued units in Vividend Income Fund (Vividend) that it does not already own.
Arrowhead, the JSE-listed property company, has concluded an agreement to acquire 34,5 million Dipula B linked units (comprising 22% of Dipula's B linked units) from Investec Asset Management.
GoGlobal says its shareholders have overwhelmingly approved the deal which will see the property fund acquire APF1 Ltd for R303m (£17‚034‚603).
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