Business Day TV speaks to Spear Reit CEO Quintin Rossi
22 May 2024 - 20:26
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The Bloemhof building in Tygervalley is one of Spear REIT's properties. Picture: SUPPLIED
Spear Reit has described its past year as challenging but the real estate investment trust still managed to grow. The firm grew revenue by 5.9% and this, coupled with consistent cash flows from operating activities, prompted Spear’s board to approve an annual average payout ratio of 95% for the year. Business Day TV spoke to CEO Quintin Rossi for more insight.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Spear navigates ‘challenging’ year
Business Day TV speaks to Spear Reit CEO Quintin Rossi
Spear Reit has described its past year as challenging but the real estate investment trust still managed to grow. The firm grew revenue by 5.9% and this, coupled with consistent cash flows from operating activities, prompted Spear’s board to approve an annual average payout ratio of 95% for the year. Business Day TV spoke to CEO Quintin Rossi for more insight.
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