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Grit Real Estate Income Group Limited ( (GB:GR1T) ) just unveiled an update.
Grit Real Estate Income Group Limited has announced a change in its auditing firm due to mandatory audit firm rotation recommended by corporate governance codes. PricewaterhouseCoopers LLP has resigned, and MacIntyre Hudson LLP, with Baker Tilly CI Audit Limited, has been appointed as the new lead auditor for the financial year ending June 2025. This move aligns with the Mauritius Code’s requirements for audit firm rotation every seven years, and a proposal for reappointment will be put forth at the 2025 Annual General Meeting.
More about Grit Real Estate Income Group Limited
Grit Real Estate Income Group Limited is a leading pan-African real estate company that focuses on investing in, developing, and managing a diversified portfolio of high-quality assets in selected African countries, excluding South Africa. The company operates primarily through US Dollar and Euro denominated long-term leases with multi-national tenants across various property sectors. Grit holds its primary listing on the London Stock Exchange and a secondary listing on the Stock Exchange of Mauritius.
YTD Price Performance: -47.02%
Average Trading Volume: 111,518
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £50.64M
Find detailed analytics on GR1T stock on TipRanks’ Stock Analysis page.
