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%.
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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.
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