Nov 1 (Reuters) - Spear REIT Ltd SEAJ.J :
* ACQUISITION OF THE LIBERTY LIFE BUILDING, CENTURY CITY, CAPE TOWN
* PROPOSED DEAL FOR PURCHASE CONSIDERATION OF R370 MILLION
* PURCHASE CONSIDERATION WILL BE SECURED BY BANK GUARANTEE AND WILL BE PAID TO SELLERS OR THEIR NOMINEE IN CASH ON DATE OF TRANSFER
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