Category: Latest News

Spear REIT Limited – Continue to outperform

“Spear’s assets under ownership of its core portfolio have increased 117% since the start of the 2018 financial year. The strong performance of the core portfolio stands testament to the value investing nature of management and ability to actively manage assets that generate yield-enhancing returns for shareholders” – CEO Mike Flax. Read Full Article

Spear hunts down benefits of ‘semigration’

Western Cape real-estate veteran Mike Flax and his understudy, Quintin Rossi, are banking on “semigration” across wealth brackets into the province to drive their latest property fund. The pair say their company, Spear, may be able to deliver sector-beating dividend growth because of this growing trend. Read Full Article

Solid results for W Cape’s Spear REIT as it ups dividend for shareholders

Despite concerns over a crippling drought in a region where it primarily focuses, Spear REIT Limited posted a solid set of year-end financial results for the period ended February 2018. Spear has positioned itself as unique in that it places all its focus on Western Cape properties. Read Full Article