Description: Ground Rents Income Fund plc (GRIF) is a closed-ended real estate investment trust (REIT). The Company, together with its subsidiaries, operates a property investment and rental business. The Company invests in a diversified portfolio of ground rents. The investment objective of the Company is to acquire a portfolio of freeholds and head leases, offering the potential for income generation from ground rents, that is both secure and hedged against inflation, and the potential for capital growth from active asset management. The Company's portfolio of ground rents includes freeholds and head leaseholds of residential, retail and commercial properties located in the United Kingdom. GRIF's investment strategy is focused on achieving long-term performance by investing in long-dated the United Kingdom ground rents, which have not suffered the same peaks and troughs as the economy and the property market. Its investment advisor is Brooks Macdonald Funds Limited.
Home Page: www.groundrentsincomefund.com
GRIO Technical Analysis
1 London Wall Place
London,
EC2Y 5AU
United Kingdom
Phone:
44 20 7658 6000
Officers
| Name | Title |
|---|---|
| Mr. William Martin Robinson ACA, F.C.A., FCA | Company Sec. |
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
| GIC Sector: | Real Estate |
|---|---|
| GIC Group: | Real Estate |
| GIC Industry: | Equity Real Estate Investment Trusts (REITs) |
| GIC Sub-Industry: | Diversified REITs |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 48.7 |
| Price-to-Book MRQ: | 0.5363 |
| Price-to-Sales TTM: | 8.5285 |
| IPO Date: | |
| Fiscal Year End: | September |
| Full Time Employees: | 3 |