GRIT REAL ESTATE INCOME GROUP LIMITED (GR1T) — FY24 Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to the GRIT REAL ESTATE INCOME GROUP LIMITED Full Year Results for 2024. Throughout this presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. The company may not be in a position to answer every question received during the meeting itself. However, the company can review your questions submitted today, and we'll publish responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll, and I'm sure the company will be most grateful for your participation. I'd now like to hand over to CEO, Bromin Knight. Good morning. Good morning, and thank you, Mark, and thank you to everybody for dialing into our results today. So before we can reflect and go through where we are from the 06/30/2024, we think it's important to take a moment to reflect on the last ten years. So where have we been in the last ten years of the business? This earmarks our ten year pioneering impact across our African continent. What have we achieved? We have achieved somewhat circa $10,000,000,000 worth of assets. We have set global benchmarks. We have been award winning with an award winning team, multi sector, multi geographic, and this business has been about impact. Let's start on looking at where we are today, where we sit from a results perspective for the 06/30/2024. Some fundamental key highlights to focus on, some significant impacts that took place for this financial year. The acquisition of GREA and the full consolidation of the development business at APDM, which whilst put pressure on the June results has been a significant impact and significant milestone for this business on where we ...