Investing in high-quality income-generating real estate across all sectors within the Western Cape.
Our investment portfolio is made up of 40 properties comprising a well-balanced mix of Industrial (59%), Commercial (27%), Retail (14%), real estate by gross lettable area (GLA).
The total gross lettable area of the portfolio is 499 284 m² which is let to 513 tenants divided into 41% A-grade, 49% B-grade, 5% C-grade tenants and 5% vacant 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.
KEY INDICATORS
40
Number of Properties
498 543
Gross Lettable Area (m2)
26 months
WALE
R5.39 BN
Asset Value
95.61%
Occupancy
Investor Communications
Blackheath Park, Blackheath
Spear REIT FY2025 Pre-Close reflects a transformative year
Cape Town, 28 February 2025 – Spear REIT Limited (JSE:SEA), the Western Cape-focused real estate investment trust has provided an operational and financial update in its FY2025 pre-close presentation for the period ending 28 February 2025. Spear REIT's FY2025 stands...
Nourishing young lives: Spear REIT strengthens support for Bonginkosi Educare Centre with Metro Pie donations
Spear REIT has strengthened its decade-long support for Bonginkosi Educare Centre in Khayelitsha by sponsoring 300 nutritious pies weekly, delivered by Metro Pie. This initiative ensures wholesome meals for nearly 300 young learners, reinforcing community care and nourishment.
Strength in strategy: Spear REIT reports growth and resilience for HY2025
Spear REIT Limited (SEA: SJ), the only regionally specialised Real Estate Investment Trust (REIT) listed on the JSE, has reported its interim results for the half-year ending on the 31st August 2024 (HY2025). With REITs experiencing varied performance due to...
Spear REIT FY2025 Pre-Close reflects a transformative year
Cape Town, 28 February 2025 – Spear REIT Limited (JSE:SEA), the Western Cape-focused real estate investment trust has provided an operational and financial update in its FY2025 pre-close presentation for the period ending 28 February 2025. Spear REIT's FY2025 stands...