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The FTSE 100 dropped on Friday as news emerged that the UK economy unexpectedly contracted in October
Company
Grit Real Estate Income Group
GR1T:[TICKER]
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 Dollar 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.
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Grit Real Estate acquires more shares in Botswana property firm
The London-listed increased its stakes in the company from 6.25% to 30% to expand its presence in the southern African country
Grit Real Estate signs deals to acquire “superior quality assets”
The property trust will invest a total of US$103.5mln, expecting net property yields between 8% and 12%
Grit Real Estate confirms maiden dividend and eyes further growth
With property spread across Ghana, Botswana, Mauritius, Morocco, Mozambique, Kenya and Zambia, the portfolio was independent valued at US$825.2mln
Archive
Tesco and Greggs face high bar, Woodford the boot
The independent board of Woodford Patient Capital Trust is expected to give fund manager Neil Woodford the boot
Grit Real Estate plans fundraising to support investment pipeline
The pan-African real estate investor said the issue would support a “significant and growing pipeline” of investment opportunities across the continent