• Spear completed its acquisition of the Watergate Centre rental enterprise and the Mitchells Plain property on Aug. 27, 2026.
• Transfer of ownership was registered into Spear’s name on the implementation date.
• Transaction expected to be accretive from closing, with an estimated initial yield of 8.37% attributable to shareholders.
• Financial effects were excluded from DIPS guidance for the fiscal year ending Feb. 28, 2027.

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: S602117), on August 27, 2026, and is solely responsible for the information contained therein.