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 Beats Earnings Guidance as Property Portfolio Reaches R8.8bn
Cape Town, 22 October 2026 - Western Cape-focused real estate investment trust (REIT) Spear has reported a guidance beating first half of FY2027, delivering 8.02% growth in distributable income per share (DIPS), ahead of its previous full-year guidance of 6% - 8% DIPS...
