Ground Rents Income Fund PLC Asset Management Plan and Investor Report (0251F)
February 15 2018 - 6:00AM
UK Regulatory
TIDMGRIO
RNS Number : 0251F
Ground Rents Income Fund PLC
15 February 2018
Ground Rents Income Fund plc
("GRIF" or the "Company")
Asset Management Plan and Investor Report
Ground Rents Income Fund plc, a listed real estate investment
trust (REIT) investing in UK ground rents, announces that further
to the Company's announcement of 22 December 2017, the Board has
now considered the statement made by the Communities Secretary, the
Department for Communities and Local Government's consultation
responses and the subsequent Government response to the
consultation, and is pleased to confirm that the Company's Asset
Management Plan will resume with immediate effect.
The Asset Management Plan enables affected leaseholders to elect
to have their ground rent review terms to be amended from doubling,
to the lesser of doubling or RPI.
In addition, the Company announces that its December 2017
investor report has been published. Please follow the link below to
access the report.
http://www.rns-pdf.londonstockexchange.com/rns/0251F_-2018-2-15.pdf
Contacts:
Ground Rents Income Fund
plc
Simon Wombwell (Director) 020 7499 6424
Brooks Macdonald Funds
Limited
James Agar (Director) 020 7659 3454
N+1 Singer (Broker)
James Maxwell / Liz Yong 020 7496 3000
Tavistock (Media)
Jeremy Carey / James Whitmore 020 7920 3150
Appleby Securities (Channel
Islands) Limited
Kate Storey / Danielle
Machon 01481 755600
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUVSARWOAUAAR
(END) Dow Jones Newswires
February 15, 2018 07:00 ET (12:00 GMT)
Ground Rents Income (LSE:GRIO)
Historical Stock Chart
From Apr 2024 to May 2024
Ground Rents Income (LSE:GRIO)
Historical Stock Chart
From May 2023 to May 2024