Pan-African property investor set for London float

London Stock Exchange

Pan-African property investment trust Grit Real Estate Income Group is seeking at least $120m (£90m) in the run-up to a listing on London Stock Exchange later this month.

GRIT invests in seven countries in Africa currently, and will use the proceeds from the float to buy more assets in Mozambique and Ghana, and to look at other markets such as Senegal and Seychelles.

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