Welcome to Spear Reit Limited
Our investment portfolio is made up of 31 properties comprising of a well-balanced mix, Residential, 2% Industrial, 47% Retail,12% Office, 20% Hospitality, 9 % by Gross Lettable area (GLA)
The total gross lettable area of the portfolio is 363 000m² of which 49% of the properties are being let to single tenants and 51% to multiple tenants ranging from JSE listed entities to small or medium enterprises.
The geographically specialised portfolio gives Spear Reit the opportunity to focus hands on asset, tenant and portfolio management in the Western Cape. The portfolio presents stable income over the short, medium and long term with a number of redevelopment opportunities that will allow the organic growth and increase of income in the portfolio.
To be the leading Western Cape focused REIT and to consistently grow our distribution per share ahead of inflation and within the top quartile of our peer group.