Spear REIT Limited (SEA: SJ), the only regionally specialised Real Estate Investment Trust (REIT) listed on the JSE, has reported its interim results for the half-year ending on the 31st August 2024 (HY2025). With REITs experiencing varied performance due to...
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.
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...