Spear REIT Limited appoints Cliff Toerien as Chief Operating Officer

Posted On Thursday, 01 March 2018 16:11 Published by
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Spear REIT Limited appoints Cliff Toerien as Chief Operating Officer

Cliff-Toerien

Cape Town – JSE listed Spear REIT Limited (SEA:SJ) on Thursday morning announced the appointment of Mr. Cliff Toerien as Chief Operating Officer. Cliff has in excess of 27 years experience in the listed and non-listed real estate sector with a strong focus on fund, portfolio and operations management.

Cliff will have oversight of all property and portfolio management functions within the business as well as serve as a member of the Spear Executive Committee.

Spear is the only regionally specialised REIT listed on the JSE with a diversified property portfolio of Commercial, Industrial, Retail, Hospitality and Residential assets in excess of 370 000m2 situated in the Western Cape valued at R 3bn with a market capitalisation of R 1,6bn.

CEO of Spear REIT Limited Mr. Mike Flax extended a warm welcome and his best wishes to Cliff Toerien on behalf of the Board of Directors and all staff.

Last modified on Thursday, 01 March 2018 16:22

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