Grainger buys London BTR development

Residential landlord Grainger has agreed to fund and acquire a 146-home build-to-rent development in London's Canning Town for £62m. The block is part of a £3.7bn regeneration scheme and will be built and developed by French construction giant Bouygues. Work is expected to begin by the end of the year and is planned to be completed by the end of 2022. Helen Gordon, chief executive, said the deal would allow Grainger to strengthen its presence in London, "one of our top target cities".

The Daily Telegraph (09/07/2019)    Insider Media (10/07/2019)