Grit’s pursuit of dollars from Africa is paying off
The majority of the real estate company’s income is generated in hard currency, which offers a good hedge against emerging market volatility
02 March 2022 - 15:52
Pan-African property group Grit Real Estate Income Group says it’s well positioned to meet the continent’s need for data centres and light industrial and logistics assets in the wake of the Covid-19 pandemic.
At the same time, most of the group’s revenue is generated in dollars or euros which provides an effective hedge against currency volatility in emerging and developing markets...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.