Breaking News: Spear Provisional Summarised Audited Consolidated Financial Statements for the year ending 28 February 2019

JSE Code SEA

WELCOME TO

SPEAR REIT LIMITED

Our investment portfolio is made up of 30 properties comprising a well-balanced mix of Industrial (51%), Retail (9%), Office (31%), Hospitality (7%) and Residential (2%) real estate by gross lettable area (GLA).

The total gross lettable area of the portfolio is 402 652 m² which is let to 399 tenants divided into 28% A-grade, 51% B-grade and 21% 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.

402 652

M² Gross Lettable Area

98%

Occupancy

R3.8bn

Asset Value

30 Months

WALE

30

Number of properties