28th Oct 2015 07:51
LONDON (Alliance News) - Residential property company Grainger PLC on Wednesday said it has acquired a portfolio of 112 private rented sector units in the UK for GBP10.4 million.
FTSE 250-listed Grainger said the portfolio includes five sites in Newcastle, Whitstable Bay and Leeds generating an estimated annual rental revenue of GBP694,000.
The company said the total value of its private rented sector portfolio is now at GBP925.0 million.
By Sam Unsted; [email protected]; @SamUAtAlliance
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