Grit Real Estate acquired Club Med Cap Skirring for €11.6m.

Grit Real Estate acquired Société Immobiliére et de Gestion Hôteliére du cap Skirring, the owner of the property known as Club Med Cap Skirring, a 4-trident hotel situated at the Club Med resort at Vacap Cap Skirring in Senegal, for €11.6m. "We are pleased to be acquiring the Club Med Cap Skirring, a 4-trident hotel and resort village in the Republic of Senegal, adding one of Africa's most politically stable and fastest growing markets to Grit's current geographic footprint. We are proud to have now added an eight country to our list jurisdictions in Africa and our 26th property to Grit's asset portfolio," Bronwyn Corbett, Grit Chief Executive Officer.