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Ground Rents Income Fund ( (GB:GRIO) ) just unveiled an update.
Ground Rents Income Fund plc has received a fifth non-binding cash offer from Victoria Property Holdings Limited, proposing to acquire all shares at 40.0 pence per share. The Board considers this offer undervalued, though it has provided Victoria Property access for due diligence in hopes of receiving an improved proposal before the extended deadline of 25 February 2025.
More about Ground Rents Income Fund
Ground Rents Income Fund plc operates within the real estate industry, focusing on investments in ground rents. The company is known for its strategy in maximizing shareholder value through careful management of its property assets.
YTD Price Performance: 47.75%
Average Trading Volume: 217,826
Technical Sentiment Consensus Rating: Hold
For detailed information about GRIO stock, go to TipRanks’ Stock Analysis page.