28/08/2026
Spear has taken transfer of 1 Sportica Crescent on 26 August 2026 and Watergate Mall on 27 August 2026, marking another important step in the growth of our portfolio.
With these acquisitions, Spear’s assets under ownership has now increased to R8.4 billion, while our portfolio has grown to 670,000m².
This milestone reflects the continued strength and strategic growth of Spear’s portfolio, further strengthening our presence across the Western Cape.
“Reaching R8.4 billion in assets under ownership is a significant milestone for Spear as we continue to execute on our growth objectives. These acquisitions strengthen our portfolio both in income generation, complementary sectoral quality and strong capital growth prospects. Spear remains committed to investing in high quality Western Cape real estate assets and creating long-term value for all our stakeholders.” - Quintin Rossi CEO
We look forward to building on this momentum and creating further value across our growing portfolio.