SPEAR REIT LIMITED
Our investment portfolio is made up of 33 properties comprising a well-balanced mix of Residential (2%), Industrial (47%), Retail (12%), Office (20%) and Hospitality (9%) real estate by gross lettable area (GLA).
The total gross lettable area of the portfolio is 381 875 m² 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 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