|Short Name:||GRITREAL||JSE Code:||GTR|
|Sector:||Real Estate Holdings & Development||Reg No:||C128881 C1/GBL|
|Nature of business:|
Grit is a c.USD450 million multi-listed real estate income group operating in carefully selected African countries, excluding South Africa. The Company holds primary listings on the main market of the London Stock Exchange, the main board of the Johannesburg Stock Exchange and a secondary listing on the primary market of the Stock Exchange of Mauritius.Grit's real estate investments are underpinned by countries with solid fundamentals, blue-chip international tenants and US dollar and Euro denominated long-term leases, eliminating local currency risk and delivering strong, sustainable income. Headquartered in Mauritius, Grit's diverse property portfolio spans numerous asset classes across several select countries including Mozambique, Morocco, Mauritius, Zambia, Kenya, Botswana and Ghana.Since listing on the JSE in 2014, Grit has grown its property portfolio from USD140 million to over USD600 million and has successfully delivered nine consecutive dividend distributions in line with Company guidance. Grit is a constituent of the SEM-10 index, the S-P Africa Frontier (Global) index as well as an underlying constituent of the JSE-listed Cloud Atlas AMI series BIG 50 EX-SA ETF.
|Chairman:||Peter M Todd|
|Company Secretary:||Intercontinental Fund Services Limited|
|Postal Address:||Level 3, La Croisette Shopping Mall, Grand Baie, Mauritius|
|Amounts in USD '000||DEC 2018|
|Turnover ||19 375||33 238|
|Income Attributable To Equity Holders ||20 643||28 562|
|Earnings Per Share (ZARc) per share (cents)||100.29||182.47|
|Headline Earnings Per Share (Cont Ops) (ZARc) per share (cents)||39.29||196.61|
|Distributions Per Share (ZARc) per share (cents)||75.52||162.78|
|Ordinary Unitholders Interest ||401 072||279 383|
| || |
|Total Capital Employed ||676 811||516 304|
| || |
|Investments ||572 325||398 403|
|Other Current Assets ||6 684||77|
|Net Current Assets ||(87 272)||(102 308)|
|Net Asset Value Per Share (ZARc) (cents)||140.53||1 861.67|
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