Financial Mail: Western Cape property – boring is the only game in town

Growing earnings uncertainty has become the new norm among real estate investment trusts (Reits), but the JSE’s only pure Western Cape-based property play, Spear Reit, still scores fairly high in terms of predictability. The small-cap company, which was co-listed by industry veteran Mike Flax less than four years ago, is one of the few property counters still delivering on its dividend growth promises. Metope Investment Analyst, Kelly Ward, comments.

View Article