A pan-African real estate investor hopes a focus on its London stock listing will give it greater access to new capital.
Grit Real Estate Income Group chief executive Bronwyn Corbett said in a business update that the move earlier this summer to de-list the company from the Johannesburg Stock Exchange and make London its primary listing “will provide the company deeper and wider access to capital markets”.
The company plans to move to the London Stock Exchange’s premium listing segment, and is considering redomiciling to Guernsey, which would allow it to be included in the FTSE indices.
