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Ground Rents Income Fund plc, alongside five other claimant groups, pursued a Judicial Review challenging enfranchisement provisions in the Leasehold and Freehold Reform Act 2024. On 24 October, the Company received the High Court's judgment, which dismissed its claim and those from the five other claimant groups.
| Date | 27 Oct 2025 |
| Time | 10:02:40 |
| Category | Miscellaneous |
| ID | 9448E |
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) 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