Grit Real Estate Income Group (LSE:GR1T) is a leading pan-African (excluding South Africa) real estate company. Its primary focus is on focus is investing in and actively managing a diversified portfolio of assets in carefully selected African countries.
The company has a robust and strategic business model, which helps it in successfully unlocking value. The company has high pedigree multinational tenant base backed by guarantees; its revenues are on long term leases, while it has expansive geographical reach, spanning to North, East, West Africa and SADC.
Grit has successfully delivered a series of quality acquisitions, capex additions and strategic corporate actions in the period, positioning the Group well for future growth.
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