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Spear welcomes first female executive member through CIO appointment

Kim Pfaff-Karg, Spear REIT's new Chief Investment Officer.
Kim Pfaff-Karg, Chief Investment Officer, Spear REIT.

Spear REIT Limited has announced the appointment of Kim Pfaff-Karg as Chief Investment Officer to join the fund on the 1st of March 2020.

Kim will become the first female member of the Spear Executive Committee. Kim has in excess of 15 years’ experience in the listed and non-listed real estate sector.

Kim’s qualifications include a BSc (Hons) Property Studies (UCT), a Certificate in Lease Negotiation (University of Pretoria), she is a member of the Royal Institute of Chartered Surveyors (MRICS), a Registered Valuer of Royal Institute of Chartered Surveyors (RICS) and a Professional Valuer (SACPVP).

Kim will perform a strategic role across the business with a focus on acquisition, disposals, portfolio valuations and other corporate business requirements.

Spear is the only regionally specialised REIT listed on the JSE with a diversified property portfolio of commercial, industrial, retail, hospitality and residential assets in excess of 437 000sqm situated in the Western Cape. Spears currently owns R 4,1 billion of real estate with a market capitalisation of R2 billion. Spear has consistently shown itself as a reliable income growing fund as its Western Cape focus pays dividends to its shareholders.

CEO of Spear REIT Limited Quintin Rossi extended a warm welcome and his best wishes to Kim on behalf of the Board of Directors and all staff.