Inactive Instrument

Grit Real Estate Income Group Limited Stock Johannesburg S.E.

Equities

GTR

GG00BMDHST63

Real Estate Development & Operations

Financials

Sales 2022 71.38M 1.31B 97.68M Sales 2023 70.55M 1.3B 96.55M Capitalization 198M 3.64B 271M
Net income 2022 10M 184M 13.69M Net income 2023 -23M -424M -31.48M EV / Sales 2022 9.08 x
Net Debt 2022 443M 8.16B 606M Net Debt 2023 450M 8.29B 616M EV / Sales 2023 9.18 x
P/E ratio 2022
15.8 x
P/E ratio 2023
-8.42 x
Employees 157
Yield 2022
10.9%
Yield 2023
4.85%
Free-Float 86.32%
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Latest transcript on Grit Real Estate Income Group Limited

Managers TitleAgeSince
Founder 43 12-05-15
Founder 65 12-05-15
Director of Finance/CFO 49 15-03-31
Members of the board TitleAgeSince
Director/Board Member 75 19-02-20
Founder 65 12-05-15
Director/Board Member 55 21-03-04
More insiders
Grit Real Estate Income Group Limited is a Mauritius-based real estate company. The Company is focused on real estate investment assets in pre-selected African countries, except South Africa. The Company is focused on investing in, developing and managing a diversified portfolio of assets underpinned by predominantly United States Dollar and Euro-denominated long-term leases with multi-national tenants. Its portfolio consists of various property sectors, including office, retail, hospitality, light industrial and corporate accommodation. The Company’s properties are located across various countries, such as Mauritius, Mozambique, Morocco, Kenya, Zambia, Ghana, Botswana, Mali, Nigeria, Ethiopia, Uganda, and Senegal. Its property portfolio comprises a total of 59 assets, out of which 24 properties are held in Letlole La Rona in Botswana. The Company's subsidiaries include Grit Services Limited, Grit West Africa Limited, HM&K Properties Limited, and IDC Kenya Investments Limited.
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