GRIF blames ‘challenges’ around Building Safety Act for delay in annual results

New build houses

Source: Shutterstock/Serhii Krot

Ground Rents Income Fund (GRIF) has told investors its annual result will be delayed due to ‘challenges’ around the Building Safety Act.

In a trading update for the year to the end of September, the group revealed the value of its portfolio had fallen 8.7% to £109m during the 12-month period.

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