Arrowhead is a JSE-listed SA Real Estate Investment Trust (“REIT”) holding a direct diverse portfolio of retail, office and industrial (collectively “commercial”) properties valued at R5.6 billion, held directly and through a wholly-owned subsidiary. In addition, Arrowhead held a 60.1% interest in its subsidiary, Indluplace Properties Limited (“Indluplace”), which owns a portfolio of residential properties. Arrowhead also owned 62.0% of the B-ordinary shares in Gemgrow Properties Limited (“Gemgrow”), equivalent to 55.5% of Gemgrow, which owns a diverse portfolio of commercial properties.