We have recently concluded a long term franchise agreement with Double Tree by Hilton. The Upper Eastside Hotel now trades as Double Tree by Hilton – Upper Eastside, Cape Town.
Spear raises R457 million in successful vendor consideration placement
Spear, a Real Estate Investment Trust (REIT) focused on investing in real estate within the Western Cape region, has announced the successful completion of an equity capital raise of R 457,75 million via a vendor consideration placement. This announcement follows the recent unconditional status of the acquisition of the Emira Western Cape portfolio, adding further impetus to its Western Cape-only-focused growth strategy.
