Mara Delta announces rebrand and unveils its name change to Grit
10 July 2017 – Mara Delta Property Holdings, the first African focused property fund listed on both the Stock Exchange of Mauritius and the JSE, has announced today a full rebrand and unveiled its new corporate identity.
Effective immediately, Mara Delta will be known as Grit Real Estate Income Group Limited to better reflect the current and future growth ambitions of the Company.
“The new brand positioning captures the group’s entrepreneurial and determined spirit and our ambitions for growth in Africa while entrenching international appeal and stature. The Group has experienced substantial growth over the last few years, and has set even bolder growth ambitions for the near future, including listing on the London Stock Exchange.
“We have recently completed a US$121 million capital raise to mainly settle pipeline acquisitions. This will boost our asset portfolio to over US$600 million in value. We believe that Grit must deliver a balance of international gravitas to investors while ensuring African credibility and authenticity,” says CEO Bronwyn Corbett.