Spear (SEA) is a real estate investment trust (REIT) focused on properties in and around Cape Town, benefiting from the expertise of its founders and management team in the local property market. Since its inception, Spear has demonstrated consistent growth in its property portfolio, currently valued at around R4.5 billion, despite its market capitalization...
Spear (SEA) is a real estate investment trust (REIT) which specialises in properties in and around Cape Town. It was started by Mike Flax and the CEO is Quintin Rossi. Both of these men have a very good understanding of property in the Cape area. At listing in November 2016, the company had a portfolio worth R1,5bn and that has grown to 32 properties worth about...
Spear (SEA) is a real estate investment trust (REIT) which specialises in properties in and around Cape Town. It was started by Mike Flax and the CEO is Quintin Rossi. Both of these men have a very good understanding of property in the Cape area. At listing in November 2016, the company had a portfolio worth R1,5bn and that has grown to 32 properties worth about...
Spear REIT has triggered a cup and handle breakout with a bullish target of 850. The 650 level will be important support along with the Weekly 50 SMA.