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Week in Review: Property News #02
Spear REIT

Quintin Rossi, CEO of Spear REIT Limited.

Spear REIT Limited has released its financial results for the year ended on the 28th of February 2021, declaring a final distribution per share of 58.70 cents per share based on an 80% pay-out ratio and a full year rental collection rate of 97.79%.

Read the full article here.


Africrest purchased PwC’s old 30 000m2 head office campus in Sunninghill last year from Attacq for just over R76 million and took transfer of the property in January 2021.

Read the full article here.