Grit Real Estate on track for full-year target as acquisition bears fruit
The rand-hedge group active in eight African countries says profit from operations increased 46.6% to end-December
13 February 2020 - 10:37
Mauritius-based Grit Real Estate, the pan-African property fund that recently entered its eighth country on the continent, said on Thursday that it is on track to meet its double-digit shareholder return target after receiving a boost from acquisitions.
The group said it continues to focus on delivering its investment strategy and remains on track to meet its full-year target of more than 12% total return in dollars...
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