3rd Jun 2025 11:34
Grainger PLC - Newcastle Upon Tyne, England-based residential landlord - Grainger now has agreed lets on 95% of Millwrights Place in Bristol, leasing 231 build-to-rent homes at the project. Millwrights Place is Grainger's second build-to-rent project in Bristol, after Hawkins & George at Finzels Reach, and it will be followed by a third, Glasshouse Square, which Grainger says is on track to launch later this year. At Millwrights Place, achieved rents have been about 3% ahead of estimated rental value, it says. Pointing to the three developments in Bristol, Grainger Chief Executive Helen Gordon says: "We are confident in our ability to continue delivering strong rental growth and attractive returns for our shareholders, contributing to our target of 50% earnings growth by financial year 2029." Read More
