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PRESS RELEASE
Results of General Meeting: Bora and Acacia Estate disposals
Grit Real Estate Income Group (GR1T) announces 93.87% shareholder support for Bora and Acacia Estate disposals at the general meeting. The US$48.5 million GREA equity subscription will reduce debt and boost ESG impact under Grit 2.0 strategy -
PRESS RELEASE
Disposal of interests in Acacia Estates and Bora Africa to the group’s development subsidiary, Gateway Real Estate Africa
Grit Real Estate Income Group announces disposal of interests in Acacia Estates and Bora Africa to its development subsidiary, Gateway Real Estate Africa, in a related party transaction. The proceeds will be used for the GREA Capital Raise