Spear REIT delivers -Property Wheel

Jul 5, 2018 | News

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Spear raises R457 million in successful vendor consideration placement

Spear raises R457 million in successful vendor consideration placement

Spear, a Real Estate Investment Trust (REIT) focused on investing in real estate within the Western Cape region, has announced the successful completion of an equity capital raise of R 457,75 million via a vendor consideration placement. This announcement follows the recent unconditional status of the acquisition of the Emira Western Cape portfolio, adding further impetus to its Western Cape-only-focused growth strategy.

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SPEAR – Steady as she goes

SPEAR – Steady as she goes

Spear REIT (SEA:SJ) hosted its HY2025 pre-close presentation to shareholders via its YouTube channel on Thursday, 29 August. The theme of the pre-close aligned with the positive and stable macroeconomic landscape of the Western Cape. Spear remains the only regionally...

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