Spear Reit plans to grow assets to R15bn over the next six years
JSE-listed Spear owns 32 assets in the Western Cape, predominantly in the Cape Town region
28 February 2022 - 17:33
Spear Reit CEO Quintin Rossi says the company intends to grow its portfolio from R4.56bn to R15bn over the next six years.
Rossi told Business Day that with a strong balance sheet, the company was well-positioned for growth and is seeking value-add opportunities. The focus is not only in conventional real-estate assets but also in the data centre space, given the location and electrical supply availability in some of the group’s industrial assets...
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