Spear Reit Limited

SEA

ZAE000228995

Commercial REITs

End-of-day quote Johannesburg S.E. Other stock markets 2026-05-15			5-day change	1st Jan Change
13.00 ^ZAR	+2.69%		0.00%	+10.08%

May. 12	Spear REIT reports disposal consideration about R107 million as of announcement date	RE
Apr. 30	Spear says PIC acquires 6.557% beneficial interest in co	RE

Spear Reit Limited entered into a sale of rental enterprise agreement to acquire Erf 62063 Mitchells Plain and Watergate Centre from MPW Cape Properties Ltd for approximately ZAR 440 million.

Published on 04/16/2026

S&P Capital IQ

SPEAR REIT LIMITED

+2.69%

DOW JONES SOUTH AFRICA(ZAR)

-2.22%

Spear Reit Limited (JSE:SEA) entered into a sale of rental enterprise agreement to acquire Erf 62063 Mitchells Plain and Watergate Centre from MPW Cape Properties (Pty) Ltd for approximately ZAR 440 million on April 17, 2026. A cash consideration of ZAR 442 million will be paid by Spear Reit Limited. As part of consideration, ZAR 442 million is paid towards assets of Erf 62063 Mitchells Plain and Watergate Centre.

The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is August 1, 2026.

PSG Capital Proprietary Limited, Investment Banking Arm acted as financial advisor for Spear Reit Limited. Edward Nathan Sonnenbergs Inc. acted as legal advisor for Spear Reit Limited.

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
	SPEAR REIT LIMITED	13.00ZAR	+2.69%	0.00%	308M
	DOW JONES SOUTH AFRICA(ZAR)	2,994.51PTS	-2.22%	-3.03%	-

Latest news about Spear Reit Limited

May. 12	Spear REIT reports disposal consideration about R107 million as of announcement date	RE
Apr. 30	Spear says PIC acquires 6.557% beneficial interest in co	RE
Apr. 29	Public Investment Corporation Limited acquired an additional unknown minority stake in Spear Reit Limited.	CI
Apr. 22	Spear REIT announces launch of R1 billion equity raise via new ordinary shares	RE
Apr. 16	Spear Reit Limited entered into a sale of rental enterprise agreement to acquire Erf 62063 Mitchells Plain and Watergate Centre from MPW Cape Properties Ltd for approximately ZAR 440 million.	CI
Mar. 09	Truffle Asset Management holds 5.9% beneficial interest in Spear REIT	RE
Feb. 27	Spear Reit Limited - Special Call
Jan. 26	Spear Reit says headline Earnings per Share 74.94 cents for ten months ending 31 December 2025	RE
Jan. 26	Spear Reit Limited Revises Earnings Guidance for the Fiscal Year 2026	CI
Dec. 01	Spear Reit Limited completed the acquisition of Remainder of Erf 21212, Erf 13336 and Erf 13337 and Consani Industrial Park from Consani Industrial Business Park Proprietary Limited.	CI
Nov. 19	Spear Reit Limited completed the acquisition of Remainder properties in Drakenstein Municipality and Berg River Business Park from Thin Film Solar Technologies SA Limited.	CI
25-10-30	Spear Reit Limited completed the acquisition of Maynard Mall from ARIA Property Group Proprietary Limited.	CI
25-10-24	SA's Competition Commission approves Titan Bidco's Iveco acquisition with conditions	RE
25-10-23	Spear's River India Announces Acquisition of Consani Industrial Park	CI
25-10-20	Spear Reit Limited, H1 2026 Earnings Call, Oct 20, 2025

Chart Spear Reit Limited

Duration

Period

SEA: Dynamic Chart

Company Profile

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%).

Employees

Sector

Commercial REITs

Calendar

Earnings release - Annual 2026

More about the company