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GRIO Ground Rents Income Fund Plc

26.80
0.30 (1.13%)
Share Name Share Symbol Market Type Share ISIN Share Description
Ground Rents Income Fund Plc LSE:GRIO London Ordinary Share GB00B715WG26 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  0.30 1.13% 26.80 1,513 12:43:56
Bid Price Offer Price High Price Low Price Open Price
25.60 28.00 26.80 26.50 26.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 6.29M -29.71M -0.3106 -0.86 25.35M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:32:05 O 1,513 27.94 GBX

Ground Rents Income (GRIO) Latest News

Ground Rents Income (GRIO) Discussions and Chat

Ground Rents Income Forums and Chat

Date Time Title Posts
25/2/202514:06:::: GROUND RENTS INCOME FUND ::::258
04/4/201310:17Ground Rents Income Fund plc - Investment Trust1

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Ground Rents Income (GRIO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:32:0727.941,513422.73O
2025-06-17 14:54:4926.7532,0008,560.00O

Ground Rents Income (GRIO) Top Chat Posts

Top Posts
Posted at 18/6/2025 09:20 by Ground Rents Income Daily Update
Ground Rents Income Fund Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker GRIO. The last closing price for Ground Rents Income was 26.50p.
Ground Rents Income currently has 95,667,627 shares in issue. The market capitalisation of Ground Rents Income is £25,638,924.
Ground Rents Income has a price to earnings ratio (PE ratio) of -0.86.
This morning GRIO shares opened at 26.50p
Posted at 25/2/2025 11:05 by bitgold
No offer forthcoming, so a bit of a drop today down to 33p. I wonder what comes next, whether there are other interested parties. There have been some larger buys in the last few days and today only small sales.
Posted at 07/2/2025 09:31 by elbrus55
GRIO had been trying to sell off the ground rent assets at something around NAV to various insiders.When the shares were trading at a 70% discount to NAV back in November it is not that surprising that at least one of them thought they would be better off buying the whole company at a discount rather than buying selected assets. In addition, as Victoria Property stated, a purchaser will internalise a lot of the future expenses that GRIO would occur by continuing to be a public company - so there is an additional gain for someone there. A lot of these expenses are fixed and won't scale down as they sell off the assets and so will become quite steep for shareholders in proportion to the assets in a few years time.
Posted at 08/1/2025 09:30 by easybrent
I dont think Gracefavour has the muscle to bid for it. But there are at least 4-5 large private ground rent corps in the UK who has the financial means to buy it. Lots of synergies, kick-out the fund manager of GRIO, cut down on the legal / advisory cost for the regulatory and building safety part.
Posted at 26/10/2024 08:40 by calton1
Think there seems to be such little interest in GRIO that share price probably hugely undervalues it.
Posted at 25/10/2024 18:55 by bitgold
Maybe someone can explain the EGM more clearly, but it looks like an attempt is being made to try to sell the freeholds to leaseholders for as good a price as possible. should be in mutual best interests in many cases, so hope it goes well.

if they achieve it, what kind of realistic NAV per share are we looking at here?
Posted at 18/7/2024 18:20 by elbrus55
Looking to the future if you mean mean beyond 1 year..,.the valuation that the manager places on these assets is not that important. The share price strongly indicates that most people are not placing a lot of weight on it.The important thing will be the cash flows over the next 10 years. The rental income is fairly reliable but some of the other outgoings are 'materially uncertain'.
Posted at 18/7/2024 06:47 by spectoacc
Indeed, but this is Labour.

My guess is, all future will be Commonhold, and they'll do the previous Tory plans on existing leasehold.

Either way, GRIO has been uninvestable for many years IMO (not hindsight - do a search).
Posted at 17/6/2024 11:14 by elbrus55
If I understand correctly the Westminster estates didn't used to make money from lease charges (usually peppercorn) but rather when they gave permission to the council to change social housing into luxury flats. They could do this because the leases stipulated they should be used only for the working classes - so they argued they could charge a big premium to change the conditions. They lost this argument in court. It is not relevant to GRIO.The loss of contractual rental income has always been compensated at open market value since the 1967 law hasn't it? That law is still in force.
Posted at 31/5/2024 09:34 by cousinit
My post 219 tried to outline how things looked a few months ago.

Seems that there have been a few changes.

Marriage value seems to have gone, but not sure that's significant for GRIO as leases tend to be very long rather than near the 80 year point.

The commercial element has been upped to 50% from 25% so that probably brings more assets in scope for GRIO. My estimate of what is out of scope is about the same as the debt, so protects Santander but not the residual for shareholders.

The £250 cap has gone but Labour must surely bring this (or similar) back on to the table. The market is likely to still be dysfunctional for that reason.

Like Specto says, the current changes may be enough to create demand for lease extensions, but I suspect most will wait for Labour to plant their flag first.
Posted at 31/5/2024 08:44 by calton1
Sadly elbruss55 is not correct. When Leashold Reform Act was passed in 1970s the Westminster Estates lost big time. This act allowed long term lessees to enfranchise freeholds in houses (but not flats) for absolute peanuts. Their application to Strasburg under European Convention (the predecessor of current Human Rights laws) was unsuccessful. I fear any application under the latest Act would meet a similar end.
But could any of our well informed readers please give me some simple details of what GRIO owns - surely it is not just ground rents on English flats? Sadly when bought shares in GRIO I was lead to believe it was mainly in the commercial sector.
Ground Rents Income share price data is direct from the London Stock Exchange

Ground Rents Income Frequently Asked Questions (FAQ)

What is the current Ground Rents Income share price?
The current share price of Ground Rents Income is 26.80p
How many Ground Rents Income shares are in issue?
Ground Rents Income has 95,667,627 shares in issue
What is the market cap of Ground Rents Income?
The market capitalisation of Ground Rents Income is GBP 25.35M
What is the 1 year trading range for Ground Rents Income share price?
Ground Rents Income has traded in the range of 19.60p to 34.70p during the past year
What is the PE ratio of Ground Rents Income?
The price to earnings ratio of Ground Rents Income is -0.86
What is the cash to sales ratio of Ground Rents Income?
The cash to sales ratio of Ground Rents Income is 4.07
What is the reporting currency for Ground Rents Income?
Ground Rents Income reports financial results in GBP
What is the latest annual turnover for Ground Rents Income?
The latest annual turnover of Ground Rents Income is GBP 6.29M
What is the latest annual profit for Ground Rents Income?
The latest annual profit of Ground Rents Income is GBP -29.71M
What is the registered address of Ground Rents Income?
The registered address for Ground Rents Income is 1 LONDON WALL PLACE, LONDON, EC2Y 5AU
What is the Ground Rents Income website address?
The website address for Ground Rents Income is www.groundrentsincomefund.com
Which industry sector does Ground Rents Income operate in?
Ground Rents Income operates in the REAL ESTATE INVESTMENT TRUST sector

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