Breaking News: Spear Continues strong Western Cape performances with interim results.
SPEAR REIT LIMITED
Our investment portfolio is made up of 33 properties comprising a well-balanced mix of Industrial (51%), Retail (9%), Office (30%), Hospitality (8%) and Residential (2%) real estate by gross lettable area (GLA).
The total gross lettable area of the portfolio is 376 757 m² which is let to 387 tenants divided int0 26% A-grade, 50% B-grade and 24% C-grade tenants ranging from JSE-listed entities to small or medium enterprises.
The geographically specialised portfolio gives Spear REIT the opportunity to focus on 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 organic growth and increase of income in the portfolio.
Gross Lettable Area