Spear REIT FY2024 Financial Results: Sticking to the game-plan pays off for Spear REIT.

“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.

There will be a feeling of déjà vu about November’s listing on the JSE of Spear Reit, a property investment vehicle focusing exclusively on the Western Cape.

Now well into its second year of trading at Sable Square, the trustees of the China Town Trust have expanded China Town by taking another 690m² of space in the centre, and turning it into ten additional shops, leading off the popular restaurant precinct on the square.

Redefine Income Fund is helping to boost Paarl’s economy through its development of Berg River Park – the town’s first fully secure industrial park