REG - Ground Rents Inc Fnd - Leasehold reform update

Ground Rents Income FundAnnouncement

27/10/2025 10:15

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RNS Number : 9448E  Ground Rents Income Fund PLC  27 October 2025

27 October 2025

 

Ground Rents Income Fund plc

("GRIO" or the "Company")

 

Leasehold reform update

 

As set out in the Interim Report and Accounts ended 31 March 2025, issued in
June 2025 (https://tinyurl.com/bdf5t3eh (https://tinyurl.com/bdf5t3eh) ) the
Company, alongside five other claimant groups, has been pursuing a Judicial
Review, challenging enfranchisement provisions contained within the Leasehold
and Freehold Reform Act 2024.  On 24 October, the Company received the High
Court's judgment that has dismissed the Company's claim, together with those
from the five other claimant groups.  The Company is carefully considering
the judgment with its advisers and will provide a further update in due
course.

 

Enquiries:

 

Schroder Real Estate Investment Management Limited

Chris Leek

020 7658 6000

 

Singer Capital Markets (Financial Adviser & Broker)

James Maxwell / Alaina Wong (Investment Banking)

Sam Greatrex (Sales)

020 7496 3000

 

Appleby Securities (Channel Islands) Limited (Sponsor)

Andrew Weaver / Michael Davies

01534 888 777

 

FTI Consulting

Richard Gotla / Oliver Parsons

0203 727 1000

 

JTC (UK) Limited (Company Secretary)

Christopher Gibbons

+44 203 846 9774

 

 

 

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