Grenreal Property

The Company actively manages - with its own team of dedicated professionals - the real estate portfolio to ensure that a sustained added value is being provided. All other services, which are not part of the core business of the Company, such as security, janitorial services, maintenance, etc. are outsourced to local providers. The real estate investments of the company are restricted to Grenada for the moment and mainly, but not limited to St. George’s. Over the medium term, the Company aims to grow and to achieve an annual yield of 8% to 10% on its properties. The listing of the shares of the Company at the Eastern Caribbean Securities Exchange is part of the growth-strategy and will provide the Company with access to the capital markets in order to raise additional funds for future investments.