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Spear REIT completes disposal of Hamilton & Chiappini House for about R108 million

PUBT·07/13/2026 09:31:05
語音播報
Spear REIT completes disposal of Hamilton & Chiappini House for about R108 million
  • Spear REIT completed the disposal of Hamilton House and Chiappini House in Cape Town for about R 108 million.
  • Ownership transfer was registered on July 13, 2026.
  • Assets were bought in October 2024 for R 80.75 million, implying a value uplift of about R 27.25 million.
  • Transaction priced at a 7.5% disposal yield, trimming exposure to smaller decentralised office properties.
  • Value gain added about 5 cents to net asset value since acquisition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spear REIT Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S523837), on July 13, 2026, and is solely responsible for the information contained therein.