Despite significant headwinds caused by the COVID-19 pandemic, Grit Real Estate Income Group (Grit)’s diverse portfolio has proved resilient, with rent collection rates of 91.4% and a slight recovery in property valuations. Buoyed by the performance of its offices (the group’s largest sector exposure), corporate accommodation and industrial portfolios, plus its consistently strong rent receipts, the group has reinstated its dividend, albeit at a lower level than pre-pandemic. Strong tenant coven ....

17 Feb 2021
On the path to recovery

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On the path to recovery
Grit Real Estate Income Group Limited (GR1T:LON) | 7.0 0 0.0% | Mkt Cap: 34.6m
- Published:
17 Feb 2021 -
Author:
James Carthew | Matthew Read -
Pages:
16 -
Despite significant headwinds caused by the COVID-19 pandemic, Grit Real Estate Income Group (Grit)’s diverse portfolio has proved resilient, with rent collection rates of 91.4% and a slight recovery in property valuations. Buoyed by the performance of its offices (the group’s largest sector exposure), corporate accommodation and industrial portfolios, plus its consistently strong rent receipts, the group has reinstated its dividend, albeit at a lower level than pre-pandemic. Strong tenant coven ....