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Spear Reit Limited (South Africa)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Spear Reit Limited Profile Updated: November 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company s main business is the investment in high-quality income-generating real estate across all sectors within the Western Cape, predominantly in the Cape Town region.
Mission:
To be the leading Western Cape-focused REIT and to consistently grow our distribution per share ahead of inflation and within the top quartile of our peer group.
History:
2015: The Company was incorporated on 18 November 2015 in South Africa.
2016: The Company was listed as a Real Estate Investment Trust (“REIT”) on the AltX of the Johannesburg Stock Exchange (“JSE”) on 11 November 2016.

Headquarters
16Th Floor, 2 Long Street, Po Box 50, Observatory, 7935
Cape Town; Western Cape; Postal Code: 8001

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Website: http://www.spearprop.co.za

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2015
Key Executives
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Chairman
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Vice Chairman
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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7.9%
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7.48%
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6.79%
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5.99%
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5.75%
Subsidiaries
Spear Holdco Proprietary Limited
100%
Webram Four Proprietary Limited
100%
Company Performance
Financial values in the chart are available after Spear Reit Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net sales revenue
5.19%
Total operating revenue
5.42%
Operating profit (EBIT)
-2.89%
EBITDA
-2.58%
Net Profit (Loss) for the Period
0.97%
Total assets
-5.2%
Total equity
20.85%
Operating Profit Margin (ROS)
-4.3%
Net Profit Margin
-1.58%
Return on Equity (ROE)
-0.73%
Quick Ratio
0.1%
Cash Ratio
0.01%

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