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 gains momentum as R1.4bn acquisition drive strengthens FY2027 outlook
Western Cape-focused real estate investment trust Spear REIT is heading into the second half of its financial year with earnings tracking at the upper end of guidance, supported by strong overall operational and financial performance. The group has secured R1.4bn in...
