For the financial year ending June 2018, with a market cap of $450m, Grit Real Estate Income Group delivers 8,5% yield, stated its CEO Bronwyn Corbett. She further states that the company is trying to deliver a dividend of at least 8.5% and a Net Asset Value of at least 12.0% per annum.
The company presented its annuals results on Tuesday 9th of October, 2018, at Hennesy Psrk, Ebene.
The CEO adds Grit being the first Mauritian based company listed on the London Stock Exchange proved to be beneficial for this financial period. “We are looking for the ability to grow the distribution and the revenue streams to consolidate our base,” Bronwyn Corbett said.
Grit Real Estate Income Group Ltd owns Barclays House, Victoria Beachcomber Resort & Spa, Mauricia Beachcomber Resort & Spa, Canonnier Beachcomber Resort & Spa and Tamassa Resort presented its result of their financial year, July 2017-June 2018 this morning, Tuesday 09 October 2018 at Hennessy Park, Ebene.