Despite concerns over a crippling drought in a region where it primarily focuses, Spear REIT Limited posted a solid set of year-end financial results for the period ended February 2018. Spear has positioned itself as unique in that it places all its focus on Western Cape properties.
Spear REIT Limited has advised its shareholders that they will continue to target high dividend growth within a range of 9.11% per annum.
Newly listed Spear REIT Limited has appointed Sean McCarthy as a non-executive director to the Board of Directors of the company.
Spear Reit Limited officially listed on the Johannesburg Stock Exchange (JSE) yesterday, 11 November at 9am under share code SEA:SJ.
We are extremely proud of our team that made this day a reality and know that hard work and determination will be key to our success going forward!