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Grit Real Estate Group makes London debut after $132mln raise

Bronwyn Corbett, chief executive of Grit Real Estate Income Group Limited (LON:GR1T), tells Proactive's Andrew Scott their investment case from day one has been very clear.

''For us it's multi-geography, having a clear investment strategy whereby  our focus is international corporates and the importance of securing hard currency in these markets - not being exposed to local currency challenges''.

''Proudly 96% of our revenue stream is collected in Euros and Dollars and we look to deliver significant growth out of these markets''.

''We have exposure to seven of the African countries - there are some markets we just won't go into, they're not developed enough, there's too much risk involved''.

Quick facts: Grit Real Estate Income Group

Price: 1.19 USD

LSE:GR1T
Market: LSE
Market Cap: $363.6 m
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Performance demonstrates 'robustness' of Grit Real Estate Income's business...

Capital Network analyst Ed Stacey talks through Grit Real Estate Income Group Ltd's (LON:GRIT) trading update for the year to June 2019. He says the company's on track to deliver its targeted 12% total shareholder return for the year and an increased dividend.

on 27/6/19

2 min read