Property - Keys - Rent

Grainger to acquire a 348 home, PRS development at Queens Road in Nottingham for £55.6m

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Grainger plc (LON:GRI), the UK’s largest provider of private rental homes, today announced further details on its recently announced new scheme in Nottingham. Grainger has agreed to forward fund and acquire a 348-home PRS (‘build to rent’) development from Blocwork LLP for £55.6m. Blocwork LLP, a 50:50 joint venture between Network Rail and Bloc Group, has been setup to develop …

Grainger announce Proposed Placing to accelerate PRS growth

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Grainger plc (LON:GRI), the UK’s largest listed provider of private rental housing, today announced a proposed placing of up to 61.2 million new Ordinary Shares representing approximately 9.99% of the Company’s issued share capital. The Placing is being conducted through an accelerated bookbuild which will be launched immediately following release of this announcement. The Placing is expected to raise gross …

Private Rental Housing

Grainger plc Leveraging its leading position in a strong market

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Grainger plc (LON: GRI), the UK’s largest listed provider of private rental housing, today provided an update on trading for the first four months of its financial year to the end of January 2020. The Company will announce its half year financial results on 14 May 2020. Helen Gordon, Chief Executive, said: “I am pleased to report a period of …

Grainger plc Receive planning consent for 215 home development Waterloo London

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Grainger plc (LON: GRI), the UK’s largest listed residential landlord and leader in the UK private rented sector (PRS), today announced that it has received planning consent to redevelop a housing estate within its existing rental portfolio, known as the OCCC Estate, in the London Borough of Lambeth, delivering 215 quality new homes. The scheme proposes a significant uplift in …

Grainger Plc

Grainger to acquire a 307 home, PRS scheme at Capital Quarter, Cardiff for c.£57m

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Grainger plc (LON: GRI), the UK’s largest listed provider of private rental homes, today announced that it has agreed to forward fund and acquire a 307 home, PRS development at Capital Quarter in Cardiff for c.£57m. IM Properties, one of the UK’s largest privately-owned property companies, is the developer of the scheme and Winvic Construction Ltd is the contractor. In …

Grainger plc Revised Dividend Dates

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Following the announcement on 27 November 2019 of the full year audited financial results for the year to 30 September 2019, Grainger Plc (LON: GRI) has announced a revised Record Date from 3rd January 2020 to 27th December 2019. The timetable is as follows: – Ex-Dividend Date – 24 December 2019 Record Date – 27 December 2019 Last Date for …

Grainger agrees to forward fund and acquire a 132 home in Canning Town, London for c.£55.5m

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Grainger plc (LON: GRI), the UK’s largest listed residential landlord and leader in the UK private rented sector (PRS), today announced that it has agreed to forward fund a 132-home PRS development (known as ‘build to rent’) in the Hallsville Quarter development at Canning Town, London for c.£55.5m. The scheme, which also includes c.11,000 sqft commercial space, will be developed …

Grainger plc Submits Planning application for development in Lewisham

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Grainger Lewisham Holdings, a 50/50 Joint Venture partnership between the London Borough of Lewisham and Grainger plc (LON: GRI), the UK’s largest listed residential landlord, has submitted a detailed planning application to develop land on Besson Street in New Cross Gate. The submission follows an extensive programme of consultation with the local community, with residents and a range of key …

Grainger agrees acquire a 284 home, PRS development at Well Meadow in Sheffield, for c.£42m

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Grainger plc (LON: GRI), the UK’s largest listed residential landlord and leader in the UK private rented sector, today announced that it has agreed to forward fund a 284-home PRS development at Well Meadow in Sheffield for c.£42m. The developer is Panacea Property Development. The site is positioned within close proximity to Sheffield city centre, with both the Kelham Island …