Welcome to Spear Reit Limited
Our investment portfolio is made up of 25 properties comprising of a well-balanced mix, 4.6% Residential, 42.7% Industrial, 22.2% Retail, 2.5% Office, 7% Hospitality.
The total gross lettable area of the portfolio is 180 930m² 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 evenly distributed geographical spread of the portfolio gives Spear Reit the opportunity to enjoy a broader market catchment as opposed to being overly represented in one specific area. The portfolio presents stable income over the short, medium and long terms 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.