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Spear REIT Limited delivers double digit growth despite tough economic environment
“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi
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eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.
eProp publishes latest news and research on commercial property and provides a platform for companies to advertise properties for sale, to let and on auction to over 60 000 subscribers. Real estate continues to outperform other asset classes and given its capital and annuity income characteristics, is a critical component of every diversified portfolio.
Listed Property, REIT, Real Estate Funds
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Repo rate comment - Time to buy is certainly now, says Dr Andrew Golding
Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year and underscore the opportunity for home buyers to capitalise on the
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