Arrowhead Properties turns from buyer to seller to shore up balance sheet
The real estate investment trust sold R1.7bn worth assets in its financial year to end-September
25 November 2020 - 13:38
UPDATED 25 November 2020 - 16:04
Real estate investment trust (Reit) Arrowhead Properties has sold nearly R2bn worth of assets, mostly in 2020, in a move to shore up its balance sheet.
Soon after it listed in 2011, the diversified group became the most aggressive acquirer of assets in the listed property sector...
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