Arrowhead reports recovery, but holds on to distribution
The property group has cited general caution in opting not to proceed with an interim distribution to end-March, but says signs of recovery are evident
26 May 2021 - 08:31
UPDATED 26 May 2021 - 17:43
Arrowhead Properties, which is in merger talks with peer Fairvest, chose not to pay out an interim dividend amid fears of a third wave of Covid-19 infections.
The company has taken the cautious stance despite an increase in rental collections to near pre-Covid-19 levels...
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