WATCH: Spear lifts interim distribution on positive leasing momentum
Business Day TV speaks to Spear Reit CEO Quintin Rossi
24 October 2024 - 20:23
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Spear’s Liberty Life office building in Century City. Picture: SUPPLIED
Cape Town’s commercial office market is experiencing an improvement in occupancy rates, driven by “semigration” and employees returning to office. That boosted Spear, the Western Cape-focused real estate investment trust, which on Thursday reported a 22% rise in total distributable income to R111m for the six months to end-August. Business Day TV discusses the company’s performance with CEO Quintin Rossi.
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.
NEWS LEADER
WATCH: Spear lifts interim distribution on positive leasing momentum
Business Day TV speaks to Spear Reit CEO Quintin Rossi
Cape Town’s commercial office market is experiencing an improvement in occupancy rates, driven by “semigration” and employees returning to office. That boosted Spear, the Western Cape-focused real estate investment trust, which on Thursday reported a 22% rise in total distributable income to R111m for the six months to end-August. Business Day TV discusses the company’s performance with CEO Quintin Rossi.
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