“Spear’s assets under ownership of its core portfolio have increased 117% since the start of the 2018 financial year. The strong performance of the core portfolio stands testament to the value investing nature of management and ability to actively manage assets that generate yield-enhancing returns for shareholders” – CEO Mike Flax.
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...
