The fund sees numerous new growth nodes with businesses and people relocating to the Western Cape 🔒
Western Cape-focused Spear Reit says the real estate market in the region has shown consistent resilience, with rising semigration providing opportunities to expand its portfolio.
Semigration — the movement of people from one province or city to another — accelerated during the Covid-19 pandemic due to remote working. Some businesses also semigrated to other regions, with the Western Cape benefiting the most...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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