Grit Real Estate Income Group

Overview

Grit Real Estate Income Group is a pan-African real estate company focused on investing in, developing, and managing diversified property assets across Africa. The company is listed on both the London Stock Exchange and the Stock Exchange of Mauritius, with a portfolio spanning 11 African countries. Grit's investments are primarily in real estate assets leased to multinational tenants, denominated in US dollars and euros, providing stable income streams. The company's strategy involves acquiring and managing high-quality properties in resilient sectors, including retail, office, industrial, hospitality, healthcare, education, residential, mixed-use, logistics, leisure, data centres, telecommunications, energy, and financial services. Grit focuses on growth, late-stage, and buyout investments, aiming to deliver sustainable income and potential growth for shareholders. Grit Real Estate Income Group has received several awards, including the Best Office Development in Kenya and the Best Mixed-Use Development in Africa at the API Summit Awards in 2024, and the Best Developer in Africa at the Euromoney Global Real Estate Awards in 2023. These accolades reflect the company's commitment to excellence in real estate development and investment across the continent.

Investment Focus

• Focus on high-quality real estate assets leased to multinational tenants
• Preference for investments denominated in US dollars or euros
• Interest in properties across various sectors including retail, office, industrial, hospitality, healthcare, education, residential, mixed-use, logistics, leisure, data centres, telecommunications, energy, and financial services
• Targeting growth, late-stage, and buyout investment opportunities
• Commitment to sustainable income and potential growth for shareholders

Portfolio Companies