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Property group eyes double-digit yield

After a horrible pandemic, Grit Real Estate is keen to turn the corner
Property group eyes double-digit yield
  • Pan-African property group plans $216m raise
  • Grit shares currently trade at less than half BV

Shortly before it listed in London in July 2018, a tweet from the account of pan-African property investor Grit Real Estate (GR1T) encouraged prospective shareholders to “tap into Africa’s growth clusters and earn US dollar returns at emerging market rates”.

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