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.

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

Gemgrow Properties, the specialist high yield, high growth REIT listed on the main board of the JSE, today announced its annual results for the financial year ended 30 September 2018 delivering dividend growth in line with guidance.

Gemgrow has acquired, an effective economic interest of 95% in Moolgem, which comprises largely of a retail portfolio, totalling 26 properties in the Limpopo region, for approximately R628m, yielding 11.48%.

Gemgrow, a South African focused, high growth, high yielding REIT listed on the JSE, today released interim results for the quarter ending 31 March 2018.

Gemgrow Properties, a specialist high yielding, high growth REIT listed on the JSE, today released solid maiden full year results.

Gemgrow Properties, a specialist high yielding, high growth REIT listed on the JSE, today released its maiden interim results.

Gemgrow Properties Limited (Gemgrow), a specialist high yielding, high growth REIT listed on the JSE, today announced that it has concluded an agreement with Erf 266 Louis Trichardt Proprietary Limited, Solly Noor Trust and Solly Noor Prop Proprietary Limited for a purchase consideration of R330 million.

Most Popular

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
 JASON MCCORMICK
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
 MOA PNP  1
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
 BRONWNY CORBETT
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

4AX listed Heartwood Properties reveals positive financial results

Sep 23, 2019
 JOHN WHALL
Commercial property development company, Heartwood Properties , has revealed a 30%…

Reserve Bank keeps repo rate unchanged

Sep 23, 2019
 LESETJA KGANYAGO
 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line…

Please publish modules in offcanvas position.