A tale of two provinces
The link between property returns and reliable municipal infrastructure is becoming increasingly evident in the Reit sector
29 May 2025 - 05:00
Spear Reit, the JSE’s only property stock exclusively focused on the Western Cape, has grown dividends for the fourth consecutive year.
At most of its peers, distributable profits have slid in the past two to three years due to rising operating costs, higher-for-longer interest rates, load-shedding and the lingering effects of a pandemic-induced spike in vacancies. ..
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