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GRIF net asset value up

22 June 2017 09:52

Ground Rents Income Fund's net asset value per ordinary share rose to 138.35p at the end of March - up from 131.83p at the end of September.

The portfolio value rose to £143.0m from £125.7m and net assets increased to £129.2m (30 September: £123.1m).

Revenue rose to £2.5m - up from £2.3m a year ago - and pre-tax profits increased to £8.0m (H1 2016: £6.1m), including £6.3m revaluation gain (H1 2016: £4.3m).

At 9:52am: (LON:GRIO) Ground Rents Income Trust share price was 0p at 133.5p

Story provided by StockMarketWire.com

Related Company: GRIO

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