“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

JSE listed REIT Octodec Investments Limited, today announced its half year results, declaring a distribution of 101.7 cents per share for the period.

Indluplace Properties Limited, a JSE-listed REIT with a portfolio that provides affordable rental housing, today released its financial results for the year ended 30 September 2018.

“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.

Indluplace Properties Limited, the first residential focused REIT listed on the main board of the JSE, today announced its interim results for the six months ended 31 March 2018.