Breaking News!
Spear REIT Limited
Condensed Consolidated Financial Statements
for the Year ended 28 February 2022
Has been released

Featured Property
Sable Square Shopping Centre, Milnerton
Retail
GLA: 31 100 m²
Space to Let
Property Portfolio
Featured Property
Sable Square Shopping Centre, Milnerton
Retail
GLA: 31 100 m²
Space to Let
Property Portfolio
Breaking News!
Spear REIT Limited
Condensed Consolidated Financial Statements
for the Year ended 28 February 2022
Has been released
457 950 sqm
Gross Lettable Area
93.76%
Occupancy
31
Number of Properties
R4.48 bn
Asset Value
27 Months
WALE
WELCOME TO
SPEAR REIT LIMITED
Our investment portfolio is made up of 31 properties comprising a well-balanced mix of Industrial (56%), Commercial (29%), Retail (11%), Hospitality (4%) real estate by gross lettable area (GLA).
The total gross lettable area of the portfolio is 457 950 m² which is let to 442 tenants divided into 46% A-grade, 44% B-grade, 4% C-grade tenants and 8% 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.
INVESTOR RELATIONS
