Arrowhead has raised R600 million by placing just under 32 million A and B units at a combined price of R18,80, a discount of less than 2% on the ruling price before the capital raising.

Arrowhead, the only JSE listed property company to pay quarterly distributions, announced its distribution for the quarter ended 31 December 2014.

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.

Arrowhead Properties says cash interest distributions of 17.115c per A-linked and B-linked units for the quarter ended June have been declared by the board.

Arrowhead Properties Limited (Arrowhead), the JSE-listed SA REIT (Real Estate Investment Trust), confirms that it has insignificant exposure to African Bank Investments Limited (ABIL).

JSE's listed property sector has not managed to maintain its run of the past few years of beating the broader all share index.

Arrowhead Properties Limited (Arrowhead), the JSE-listed SA REIT (Real Estate Investment Trust), announced that its acquisition of all the issued units in Vividend Income Fund (Vividend), was approved at the respective general meetings of the two companies today.

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.

Freedom Property Fund makes its debut on the JSE.