British real estate investment company Grit Real Estate Income Group has agreed to purchase seven properties located across Africa.
The assets in the deal include two corporate offices in Ghana let to PwC and Huawei; two healthcare facilities in Mauritius; two light industrial properties in Kenya; and a housing development in Mozambique.
Grit Real Estate is planning to invest a total of $103.5 million to complete the acquisition of all the seven properties.
The company noted that the transactions are expected to provide backers with further diversified, secure and growing index-linked income and attractive capital growth potential from across its high-quality portfolio.