Shares of Ground Rents Income Fund PLC (LON:GRIO) reached a new 52-week low on Tuesday . The stock traded as low as GBX 92 ($1.20) and last traded at GBX 93.25 ($1.22), with a volume of 36695 shares trading hands. The stock had previously closed at GBX 93.25 ($1.22).
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About Ground Rents Income Fund (LON:GRIO)
Ground Rents Income Fund PLC is a real estate investment trust externally managed by Braemar Estates (Residential) Ltd, Asset Management Arm. The firm invest in long dated United Kingdom ground rents. It 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.
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