Grit Real Estate Income Group Limited

LSE GR1T.L

Grit Real Estate Income Group Limited Market Capitalization on January 14, 2025: USD 60.61 M

Grit Real Estate Income Group Limited Market Capitalization is USD 60.61 M on January 14, 2025, a -52.71% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Grit Real Estate Income Group Limited 52-week high Market Capitalization is USD 132.02 M on March 04, 2024, which is 117.83% above the current Market Capitalization.
  • Grit Real Estate Income Group Limited 52-week low Market Capitalization is USD 60.55 M on January 10, 2025, which is -0.10% below the current Market Capitalization.
  • Grit Real Estate Income Group Limited average Market Capitalization for the last 52 weeks is USD 100.90 M.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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LSE: GR1T.L

Grit Real Estate Income Group Limited

CEO Ms. Bronwyn Anne Knight B.Com., C.A.
IPO Date July 31, 2018
Location Mauritius
Headquarters Alexander House
Employees 140
Sector Finance
Industries
Description

Grit is listed on the London Stock Exchange main market (LSE: GR1T), the Johannesburg Stock Exchange main board (JSE: GTR) and the Stock Exchange of Mauritius Ltd official market (SEM: DEL.N0000). Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). By investing in real estate assets across Africa, the Company is building a secure financial future for schools, employees, non-profit organisations, and the like. As such, Grit is unlocking potential across the African continent in an effort to anchor communities and create sustainable jobs. The company's high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting 8.5%+ p.a. dividend yield in USD and 12.0%+ p.a. NAV total return.

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StockViz Staff

January 15, 2025

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