Grit at a Glance

Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official market (SEM: DEL.N0000).

Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa).

By investing in real estate assets across Africa, the Company is building a secure financial future for schools, employees, non-profit organisations, and the like.

As such, Grit is unlocking potential across the African continent in an effort to anchor communities and create sustainable jobs.

The company’s high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.

The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting 8.5%+ p.a. dividend yield in USD and 12.0%+ p.a. NAV total return.

We ignite the furnace of growth in Africa. By pioneering and collaborating to construct bridges that unlock opportunities across inaccessible African territories to generate sustainable returns for generations to come, for all stakeholders including the people of Africa.

Financial & Investment Highlights

Portfolio Highlights

Hover of the images to see our portfolio highlights as at 31 December 2019.

Total Income-Producing Assets

US$860.1m

Multinational Tenants

92.8%

Income Hard Currency

94.1%

EPRA Occupancy

97.4%

WALE/WAULT

(by GLA)

4.7 years

Weighted Average Lease Escalation

2.7%

Recent Activity

Grit Recent Activity Timeline

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