Spear REIT Limited owns and manages diversified real estate assets in South Africa. Rental income breaks down by type of asset as follows:
– shopping centers (38.6%);
– industrial premises (28.7%);
– stores (17.9%);
– hotels (10.1%);
– residences (2%);
– other (2.7%).
At the end of February 2019, the Group’s real estate portfolio consisting of 30 assets with a total surface area of 402,652 m2, amounted in market value to ZAR 3,524 million, broken down by type of assets as follows: commercial centres (42%), industrial premises (27.1%), shopping centres (15.9%), hotels (14.3%) and residences (0.7%).
Reuters
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