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FY2025 marks Spear REIT Limited’s strongest overall core portfolio performance post-Covid-19 – Property Wheel
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FY2025 marks Spear REIT Limited’s strongest overall core portfolio performance post-Covid-19 – Property Wheel
Western-Cape focused Spear REIT Limited has posted its financial results for the year ended 28th February 2025, announcing its acquisition of the Berg River Business Park in Paarl, a 30 000m2 multi-let industrial park in Paarl, for R182 million. The Company achieved a distributable income per share (DIPS) of 85.55 cents and a total distribution per share (DPS) of 81.27 cents for FY2025, marking increases of 3.08% and 3.06% respectively when comp…
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