Imraan Suleman

Arrowhead Properties tumbles as times get tough

Arrowhead Properties (JSE: AWA), a diversified South African-focused property fund, on Wednesday reported a 15% decline in its full-year dividend to 74.1 cents per share — as tenants battle with rent.

Emira turns down Arrowhead’s proposal

Emira Property Fund has rejected Arrowhead Properties’ expression of interest to acquire all of its issued share capital on the basis that it has no benefit to its shareholders.

Arrowhead Properties + Emira Property Fund = Opportunity

JSE-listed Arrowhead Properties, has hit the headlines today after revealing a bid to buy diversified real estate investment trust (REIT), Emira Property Fund in an all-share deal.

total: 3 | displaying: 1 - 3