About the project
- Grit
- Real Estate
- 12/31/2021
- US$ 15.0m
- https://grit.group/
London Stock Exchange-listed Grit invests in and actively manages a diversified portfolio of high-quality assets across the continent. Founded in 2014 by Bronwyn Knight, Grit's portfolio comprises 54 investments across more than eight countries and five asset classes.
BluePeak partnered with Ethos Mezzanine Partners, to jointly invest US$ 31.5 million in Grit in a transaction led by Ethos Mezzanine Partners.
Investment Ticket : US$ 15.0m
Investment Date : December 2021
Use of Funds :
- The investment is funding the upgrade of Orbit facility in Kenya to accelerate the scale and transformation of industrial logistics in Africa.
- The facility upgrades are expected to create long-lasting positive social, economic, and environmental benefits for local communities and further strengthen the broader precinct as a prime logistics and supply chain hub.
Targeted SDGs :