Diversified, South African-focused property fund Arrowhead today reported results for the year ended 30 September 2018.

South African focussed JSE listed REIT Arrowhead announced strong operating performance for the period ending 31 March 2018.

Wednesday, 22 November 2017 10:40

Repositioning for sustainable growth

Arrowhead, the South African JSE listed REIT, with a well-diversified portfolio across South Africa and sectors, today announced pleasing annual results.

Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.

Arrowhead, the South African JSE listed REIT, has declared a dividend of 82,55 cents per share for the year ended 30 September 2016.

Arrowhead Properties (‘Arrowhead’), the South African JSE listed Real Estate Investment Trust, (‘REIT’) announced today that it has made an expression of interest to acquire all or the majority of the issued share capital of Emira Property Fund Limited (‘Emira’) by means of a scheme of arrangement subject to the satisfactory conclusion of a due diligence investigation in respect of Emira’s forecast income for the 12 months ending 30 June 2017.

While SA offers the best real estate investment opportunities in Africa, investors need to focus on funds that have strong property fundamentals.

Arrowhead, the South African JSE listed REIT, has declared a dividend of 20,76 cents per share for the three months ended 31 March 2016.

South African JSE listed REIT, Arrowhead Properties has declared distribution of 150,30 cents for the year ended 30 September 2015 representing a 12,8% improvement on the 133,24 cents distribution declared for the year ended 30 September 2014.

Arrowhead Properties acquires Port Elizabeth retail and office property, Cleary Park, for R460m.

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