Update research from QuotedData

RNS Number : 4589P
Grit Real Estate Income Group
17 February 2021
 

Grit Real Estate Income Group - Update research from QuotedData

 

17th February 2021

 

On the path to recovery

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 (after suspending it at the height of the pandemic), albeit at a lower level.

 

Full research:

https://quoteddata.com/research/grit-real-estate-income-group-path-recovery-qd/

 

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Grit Real Estate Income Group Limited NPV (GR1T)
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