Spear Reit’s stellar performance in 2019 has justified its decision to focus on Cape Town, as the city’s property market continues to outperform the rest of the country.

The fund grew its dividend 7% in the six months to August, beating other JSE-listed property funds, which have struggled to grow their dividends or seen them shrink in 2019.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.