logo

Spear Reit CEO: How we managed to circumnavigate headwinds in SA’s property market

PUBLISHED: Thu, 17 Oct 2019 10:48:54 GMT

Share

Cape Town-based property group Spear Reit cited that despite headwinds in the local economy its target distributions of 44.64 cents per share were achieved. This was a 7 per cent increase to the prior period. The company also completed two property acquisitions during the period worth R146 million. Spear Reit CEO, Quintin Rossi joins CNBC Africa for more.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.