Ground rent fund acquires landmark developments

Real estate investment trust Ground Rents Income Fund Plc (GRIF) has transacted on a number of prominent and high-profile developments.

GRIF has acquired the freeholds of Bézier, a pair of curved 14-storey apartment towers at London’s Old Street roundabout, comprising 150 luxury homes. Gateway Plaza, a regeneration project in Barnsley, is a mixed-use development comprising office accommodation, apartments, a Premier Inn hotel, retail and leisure space and a 548-space car park. Gatehouse Court is a smaller scheme of apartments on the edge of Barnsley.