Grit Real Estate to recycle 20% of its portfolio by end-December
Proceeds will be used to pay debt and invest in more resilient income-generating assets
24 February 2023 - 16:55
Pan-African property group Grit Real Estate says it will recycle 20% of its 60 investments by value by December 31 and will use proceeds from sales to reduce debt and invest in more resilient income-generating assets.
In the year to December, Grit reduced its loan-to-value from 46.7% to 45.5%...
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