The Company will invest the majority of the monies received pursuant to the Placing and the Subscription, net of any costs and expenses, in freeholds and head leases in the United Kingdom. The Company intends to purchase Ground Rents where the leasehold interests are Long Dated although shorter opportunities will be considered if the Directors believe it is in the best interest of the Company to do so.
Research context
Ground Rents Income Fund Plc - Warrant appears in PyInvesting’s London Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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