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Ground Rents Income Fund plc

"We aim to deliver sustainable, long-term performance by investing in long-dated ground rents."

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Share Price

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Ground Rents Income Fund Plc 

Key performance figures

as at 31 March 2021

Number of investment units

19,000+

Total investment property value

£123.6million

Percentage of the portfolio value comprised of the top ten properties

28.7%

Percentage of the portfolio ground rent income to be reviewed in the next five years

46.8%

Median annual ground rent charge for apartments (excluding student assets)

£250

Median annual ground rent charge across all units

£250

Percentage of the portfolio ground rent income which is index linked

71.6%

Review type (%)

as of 30 September 2020

as of 30 September 2020

Geographic spread of the portfolio

Discrete yearly performance (%)

  Q1 2020 - Q1 2021 Q1 2019 - Q1 2020 Q1 2018 - Q1 2019 Q1 2017 - Q1 2018 Q1 2016 - Q1 2017
Share price1 0.7 -26.0 -17.8 -16.8 25.8
Shareholder Total Return2 6.2 -23.6 -14.6 -14.1 29.8
NAV Total Return3* -0.4 0.7 -6.0 -7.3 20.1

 

Past Performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.

1 Source: Schroders, Datastream, bid to bid price with net income reinvested in GBP.
2 Source: Schroders, Datastream, bid to bid price.
3 Source: Schroders, NAV to NAV, per share plus dividends paid.

*NAV is as at the most recent announcement (for year end 30 September or half year end 31 March) and the diluted per ordinary share figure incorporates the exercise of warrants in issue.

Top 10 Holdings

as of 31 March 2021

What are the risks?

  • The Company may be concentrated in a limited number of geographical regions, industry sectors, markets and/or individual positions. This may result in large changes in the value of the fund, both up and down, which may adversely impact the performance of the fund.
  • The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the assets purchased increases in value by more than the cost of borrowing, or reduces the returns if they fail to do so.
  • As a result of fees being charged to capital, the distributable income of the fund may be higher but there is the potential that performance or capital value may be eroded.
  • The Government has been considering reform to the residential leasehold sector since 2017, the timescale and outcome of which is uncertain and could adversely impact the value of the Company’s portfolio.

Contact Schroders

Schroders is a world-class asset manager operating from 37 locations across Europe, the Americas, Asia, the Middle East and Africa.




Worldwide locations

For any further questions, please contact us. 

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