Strategic acquisitions and hard currency lease escalations support Grit's robust half-year perfomance- US$6.07 cps target distribution achieved for the half-year

Grit reported strong financial results for the year ended 30 June 2017. 

Grit Real Estate Income Group (formerly Mara Delta), the only income group focused on real estate in Africa (excluding South Africa) and listed on the Stock Exchange of Mauritius and the JSE, today announced the successful conclusion of a related party empowerment transaction.

Mara Delta Property Holdings, the first African focused property fund listed on both the Stock Exchange of Mauritius and the JSE, has announced today a full rebrand and unveiled its new corporate identity.

Mara Delta, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the continent outside of South Africa, today announced that it successfully raised US$ 121 215 554 in a well-supported rights offer.

Mara Delta, the only listed Africa focused distribution fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today reported strong interim financial results for the six months ended 31 December 2016.

Acquisition of a new a grade retial shopping centre anchored by multi-national tenants with US dollar underpined leases.

Mara Delta (or “the Company”) (formerly Delta Africa), the first multilisted property fund to offer international property investors direct access to immediate, high growth opportunities on the African continent outside of South Africa.

Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, continues to trailblaze across the continent.

Mara Delta (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced a planned capital raise of up to US$ 193 290 648 to fund a number of recently announced, yield accretive acquisitions.  

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