Arrowhead Properties Limited, a proudly South African JSE-listed REIT with a diverse portfolio of retail, office and industrial properties today announced an interim dividend of 27,8 cents for the six months ended 31 March 2019, which is in line with the communicated guidance.

JSE-listed South African-focused REIT Gemgrow Properties  today announced its interim results for the six months ended 31 March 2019.

JSE listed REIT Octodec Investments Limited, today announced its half year results, declaring a distribution of 101.7 cents per share for the period.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

The iconic 30-storey Towers Main building in Johannesburg’s ABSA Precinct now has a new owner and a new lease on life.

The Boards of Arrowhead and Gemgrow are pleased to announce that they have agreed in principle to a transaction which would result in the reverse takeover of Gemgrow by Arrowhead.

The Subcommittee of the Board of directors of Fortress REIT Ltd (JSE: FFA and FFB), which was set up on September 6 last year to review allegations made against the company and certain past and current directors, is making solid progress in delivering on its mandated scope of work.

Construction of Divercity Urban Property Fund’s iconic Jewel City redevelopment is forging ahead.

Author and investor Jim Slater states of large-cap companies, “elephants don’t gallop”. And as history shows us (see Chart 1) mid- and small-cap companies have enjoyed superior growth over the long term.

Following various announcements made by Edcon over recent months in relation to the recapitalisation of the business, the Group has advanced the process sufficiently to provide a further update to all stakeholders. 

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