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IN BRIEF: Grainger maintains trading momentum with record occupancy

27th Jun 2023 08:52

Grainger PLC - Newcastle Upon Tyne, England-based residential property developer and landlord - Says trading momentum continues, with spot occupancy at 98% at the end of May. Reports like-for-like rental growth of 7.1% to the year to date, up from 6.8% in the first half of financial 2023. Adds sales performance remains resilient, with vacant sales volumes ahead of this time last year.

Current stock price: 226.80 pence, up 1.1% on Tuesday morning in London

12-month change: down 21%

By Sabrina Penty, Alliance News reporter

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