Spear REIT is investing R90m in the development of a new 7,150m² national distribution centre for Mambos Storage & Home in Blackheath, Cape Town, strengthening the retailer’s logistics capacity as it expands its national footprint. Blackheath continues to demonstrate strong industrial demand, supported by its strategic location, access to major transport routes and proximity to Cape Town International Airport. Blackheath continues to experience heightened demand from logistics, warehousing and distribution operators, with distribution centres remaining among the most active segments of the Cape industrial market. “With development costs at circa R90m, the development reinforces the group's commitment to investing in its existing portfolio while enabling tenant expansion in a high‑performing Western Cape industrial precinct.” Once complete, the expanded facility will significantly enhance Mambos' warehousing and distribution capabilities, supporting the company's continued growth across South Africa.