Ground Rents Income Fund (GRIO) has today released its interim results for the period ending 31 March 2020. The fully diluted NAV is 110.1p down marginally from previous NAV of 111.3p as at 30 September 2019 year-end. This valuation included a material valuation uncertainty clause as a result of the COVID-19 pandemic, which has subsequently been removed since the period end for long dated ground rent valuations given the defensive nature of the income streams and continued market/transactiona
06 Jul 2020
NAV stability, 4.9% yield and 26% discount
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NAV stability, 4.9% yield and 26% discount
Ground Rents Income Fund PLC (GRIO:LON) | 31.0 0 0.0% | Mkt Cap: 29.7m
- Published:
06 Jul 2020 -
Author:
Paul Glover -
Pages:
3
Ground Rents Income Fund (GRIO) has today released its interim results for the period ending 31 March 2020. The fully diluted NAV is 110.1p down marginally from previous NAV of 111.3p as at 30 September 2019 year-end. This valuation included a material valuation uncertainty clause as a result of the COVID-19 pandemic, which has subsequently been removed since the period end for long dated ground rent valuations given the defensive nature of the income streams and continued market/transactiona