Grit Real Estate Income Group is a listed property income group operating in carefully selected African countries. The Company optimizes its structural investments underpinned by solid property fundamentals to achieve superior US$ and EURO(€) based returns.
GRIT’s strong management team has over 59 years’ experience on the continent and is supported by in-country asset and property managers. Key executives are significantly invested in the Company on a no free carry basis, ensuring alignment with shareholders.
Only income fund focused on real estate in Africa (excluding South Africa) listed on the Stock Exchange of Mauritius and the Johannesburg Stock Exchange
Diverse asset portfolio focused on strength of counterparty and located in African countries with solid fundamentals
Compelling total returns underpinned by predomonantly US Dollar and Euro denominated, long term leases
Track record of consistently achieving dollar based distribution forecasts (Seventh distribution since listing) at a dollar yield in excess of 7%
High occupancy rates with quality tenants delivering sustainable growth
Supportive anchor shareholders that are committed to growing the platform
Strong management team with over 59 years of African experience, supported by in-country asset and property management teams.