Grit Real Estate Income Group welcomes Lynette Finlay to its Board as Independent Director

– MAURITIUS, Grand Baie –  Grit Real Estate Income Group Limited (LON: GR1T | JSE: GTR), a pan-African impact real estate company today announced the appointment of Lynette Finlay to its board as an Independent Non-Executive Director effective from 24 March 2023.

“The Board looks forward to welcoming Lynette to the Board of Grit and working closely with her. Her depth of knowledge, a wealth of wide-ranging experience in all areas of commercial property as well as her relationships across the region will make a significant contribution to the further growth of Grit and delivering further value to our shareholders,” said Board Chairman, Peter Todd.

Lynette Finlay has also joined the Investment Committee.

About Lynette Finlay

Lynette Finlay has extensive experience in the commercial property sector, including being the first woman president of SAPOA (South African Property Owners Association), the recognized body representing the real estate industry in Southern Africa. She also previously served as Non-Executive Director of Growthpoint Properties, the largest listed REIT on the Johannesburg Stock Exchange with investments in South Africa, Eastern Europe, Australia, and Africa. Her 11-year tenure saw her serve as Chairman of the Property and Investment Committee, Chairman of the Audit Committee, and member of the Social Ethics and Transformation Committee.

Mrs. Finlay is a Chartered Accountant and has received multiple awards including the Inyathelo award for women in philanthropy, a merit award for most influential women in business, and was the first recipient of the commercial property industry “5 Star Women Award”. She is the co-founder of Nurturing Orphans of Aids for Humanity, which cares for over 100 000 orphaned children.

Mrs. Finlay will continue in her roles as CEO of South African-focused Amabutho Investment Managers, an asset management company specializing in the sourcing and managing of commercial property investments, and Emerging African Property Holdings, a commercial property investment company.

About Grit Real Estate Income Group Limited

Grit Real Estate Income Group Limited is the leading pan-African impact real estate company focused on investing in, developing,d actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro-denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.

The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth.


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