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| 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 |
| Date | Time | Source | Headline |
|---|---|---|---|
| 13/6/2025 | 07:00 | UK RNS | Ground Rents Income Fund PLC Half-year Report |
| 30/4/2025 | 07:00 | UK RNS | Ground Rents Income Fund PLC Company Update and NAV |
| 25/2/2025 | 13:59 | UK RNS | Close Asset Management Limited Form 8.3 - Ground Rents Income Fund plc |
| 25/2/2025 | 07:00 | UK RNS | Ground Rents Income Fund PLC END OF OFFER PERIOD |
| 24/2/2025 | 17:14 | UK RNS | Victoria Property Holdings Limited Statement of no intention to make an.. |
| 24/2/2025 | 11:58 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 24/2/2025 | 11:36 | UK RNS | Close Asset Management Limited Form 8.3 - Ground Rents Income Fund plc |
| 24/2/2025 | 08:54 | UK RNS | Asset Value Investors Ltd Form 8.3 - Ground Rents Income Fund PLC |
| 21/2/2025 | 11:12 | UK RNS | Close Asset Management Limited Form 8.3 - Ground Rents Income Fund plc |
| 21/2/2025 | 10:55 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
Ground Rents Income (GRIO) Share Charts1 Year Ground Rents Income Chart |
|
1 Month Ground Rents Income Chart |
Intraday Ground Rents Income Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/2/2025 | 14:06 | :::: GROUND RENTS INCOME FUND :::: | 258 |
| 04/4/2013 | 10:17 | Ground Rents Income Fund plc - Investment Trust | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:32:07 | 27.94 | 1,513 | 422.73 | O |
| 2025-06-17 14:54:49 | 26.75 | 32,000 | 8,560.00 | O |
| 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. |
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