Ground Rents Income Fund plc (GRIF) provides long-term performance through investment in long dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy.
The investment objective of Ground Rents Income Fund plc (GRIF) 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.
GRIF’s income is from ground rents and associated income. GRIF seeks to generate consistent income returns for shareholders by investing in a diversified portfolio of ground rents including freeholds and head leases of residential, retail and commercial properties located in the UK.
The company joined the REIT regime in August 2012.
GRIF will distribute at least 90% of its income profits by way of quarterly dividends.