Junaid Limalia

Gemgrow, Arrowhead shareholders approve R16 billion merger

Shareholders of Gemgrow Properties and Arrowhead Properties have approved the R16 billion merger of the two JSE-listed real estate investment trusts (Reits).

Gemgrow Properties dividend up

Gemgrow Properties, which focuses on high-yield, high-growth properties, delivered 7% growth in its B-share dividend for the year to September, in line with guidance.

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