Acquisitions boost Grit Real Estate’s earnings as company looks to diversify from retail

PUBLISHED: Thu, 13 Feb 2020 10:52:28 GMT

Mauritius-based Grit Real Estate has declared an unchanged dividend amount of 5.25 dollar cents for its interim 2019 results. The group’s profit from operations increased by 46.6 per cent to $10. 7million and it has recently entered into its 8th African country via a Moroccan real estate investment fund. Grit Real Estate CEO, Bronwyn Corbett joins CNBC Africa for more.