Fairvest concludes share swap agreements with shareholders to acquire 50,1% of Arrowhead Properties' issued shares
Fairvest Property Holdings Limited (“Fairvest”) today announced that it had concluded agreements with shareholders of Arrowhead Properties Limited (“Arrowhead”) to acquire 50,1% of Arrowhead B shares through the issue of new Fairvest shares at a swap ratio of 1.85 Fairvest shares per Arrowhead B share.
Strengthened Arrowhead tailored for long-term growth
Shareholders in JSE-listed REITs, Gemgrow Properties and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.
Solid Performance By Arrowhead's Core Property Portfolio in Line With Expectations
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.
Gemgrow navigates difficult environment through portfolio optimisation
JSE-listed South African-focused REIT Gemgrow Properties today announced its interim results for the six months ended 31 March 2019.
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