“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 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...
