Tillkännagivande • May 16
Grainger plc Announces Interim Dividend for the Six Months Ended March 31, 2026, Payable on 3 July 2026 Grainger plc announced an interim dividend increasing by 3% to 2.94 pence on a per share basis for the six months ended March 31, 2026 (HY25: 2.85 pence) amounting to £21.7 Million (March 2025: £21.0 Million), all of which will be paid as a Property Income Distribution (PID), will be paid on 3 July 2026 to shareholders on the register at the close of business on 22 May 2026. Shareholders will again be offered the option to participate in a dividend re-investment plan and the last day for election is 12 June 2026 . Tillkännagivande • Apr 14
Grainger plc Announces Board and Committee Changes Grainger plc announced that Fiona Muldoon has been appointed to the Board as Non-Executive Director (NED) with effect from 15 April 2026. Fiona will succeed Justin Read as Senior Independent Director and as Chair of the Audit & Risk Committee when he retires from the Board after nine years on 18 June 2026. In addition to joining the Audit & Risk Committee, Fiona will also join the Board's Remuneration, Nominations and Responsible Business Committees. Fiona is a Chartered Accountant and a Fellow of the Institute of Chartered Accountants in Ireland. She has significant FTSE Board and C-Suite experience including in capital markets, risk, governance and sustainability. Fiona is currently on the Board of Beazley plc, the specialist insurance business, where she is the Risk Committee Chair, a member of the Audit Committee and Employee voice on the Board. She is also on the Board of Admiral Group plc, the international financial services group where she chairs the Audit Committee and is a member of the Risk Committee. Previously, Fiona was the CEO of FBD Holdings plc, a listed general insurer in Ireland (2015 to 2020) and a Director of Credit Institutions and Insurance Supervision at the Central Bank of Ireland, the Irish regulator. Her previous roles include 17 years with XL Group, and as a Non-Executive Director at the Bank of Ireland, where she served on all committees during her tenure and was chair of the Sustainability Committee. Tillkännagivande • Feb 10
Grainger plc to Report Fiscal Year 2026 Results on Nov 19, 2026 Grainger plc announced that they will report fiscal year 2026 results at 9:00 AM, Coordinated Universal Time on Nov 19, 2026 Tillkännagivande • Feb 04
Grainger plc to Report First Half, 2026 Results on May 14, 2026 Grainger plc announced that they will report first half, 2026 results on May 14, 2026 Tillkännagivande • Jan 29
Grainger plc Announces Construction Begins on Its Second BTR Scheme At Guildford Station Grainger plc announced that construction has commenced on its second BTR scheme at Guildford Station, delivering 179 new rental homes. This c.PS75 million investment is in line with Grainger's cluster strategy and adds 179 new homes to the 98 homes already delivered at The Mint, totaling 277 homes and over PS116m of investment in Guildford by Grainger. In partnership with Solum, a joint venture between Platform4 - Network Rail's property development company - and Kier Property, the regeneration at Guildford Station reinforces the potential for high-quality housing development adjacent to train stations and aligns with the Government's announcement in November 2025. This is the second project the partnership has delivered at Guildford, with excellent connectivity credentials, reflecting Grainger's strict investment criteria focused on assets with strong transport links to high employment zones. Earlier this week, Grainger's Chief Executive Helen Gordon joined the Housing Secretary, Steve Reed, and the Chancellor of the Exchequer, Rachel Reeves, at a roundtable with industry leaders to discuss the National Planning Policy Framework and the Planning and Infrastructure Act. The conversation focused on planning reform, infrastructure investment and partnership with the private sector. Construction commencing at Guildford Station reflects this shared focus on accelerating housing delivery through well-connected, station-led development. The scheme will benefit from the wider PS150m regeneration of the station quarter which includes PS25m of station improvements. These comprise a new double-height ticket office designed to accommodate future customer growth through to 2035, improved pedestrian routes to platforms and a new multi-storey car park - all of which enhance transport connectivity for the town. Construction is expected to complete in 2028, with leasing commencing thereafter, contributing to Grainger's earnings from FY28, in line with prior earnings guidance. Tillkännagivande • Dec 17
Grainger plc, Annual General Meeting, Feb 04, 2026 Grainger plc, Annual General Meeting, Feb 04, 2026. Location: citygate, st james boulevard, newcastle upon tyne, ne1 4je, United Kingdom Tillkännagivande • Jul 31
Grainger plc Announces Board Changes Grainger plc announced that Simon Fraser has been appointed to the Board as Non-Executive Director and Chair Designate to succeed Mark Clare, whose nine year tenure as Chair will be concluding in February 2026, at the Company's next Annual General Meeting ("AGM"). Simon is being appointed as an independent Non-Executive Director with effect from 1 October 2025 and will also join the Board's Committees, enabling an orderly handover prior to Mark's departure. Simon will stand for election at the 2026 AGM and, if elected, will move into the role of Chair of the Board and Nominations Committee with effect from the end of the 2026 AGM. Simon brings substantial real estate and investment experience and more than 13 years of FTSE Board experience with two prominent REITs ("Real Estate Investment Trust"), SEGRO plc and Derwent London plc. He is currently Chair of the Remuneration Committee at SEGRO plc, and Senior Independent Director at St James's Place plc. Between 2015 to 2021, Simon was Senior Independent Director at Derwent London Plc. He was also on the Board of Legal & General Investment Management from 2015 to 2024 and Lancashire Holdings Ltd. from 2013 to 2023. Simon also brings a wealth of experience in the global capital markets from a long, successful career in investment banking and corporate broking, advising a wide range of clients across numerous sectors, including many consumer facing businesses. Prior to his retirement from executive roles in 2011, Simon worked at Bank of America Merrill Lynch where he was Managing Director and Co-Head of Corporate Broking. Tillkännagivande • Jun 25
Grainger plc Announces Practical Completion of the Third Phase at Fortunes Dock Cluster in Canning Town, Seraphina Apartments Grainger plc announced the practical completion of the third phase at Grainger's Fortunes Dock cluster in Canning Town, Seraphina Apartments, which comprises 132 high quality BTR homes. This marks a significant milestone in the transformation of Fortunes Dock, Grainger's residential destination in East London, which now totals 412 homes across three schemes. Seraphina Apartments builds on the success of the two existing developments Nautilus Apartments and Argo Apartments, bringing the number of homes at Fortunes Dock to 412 homes and total investment by Grainger into Canning Town to c.PS152 million. Grainger's investment in East London strengthens its strategy of developing clusters, with multiple schemes in close proximity, enhancing operational efficiencies, strengthening brand visibility, and providing a deeper understanding of local customer preferences. This cluster approach has proven successful, with developments such as Millwrights Place, Grainger's second scheme in Bristol, reaching stabilisation at 95% lease-up in under a year. Seraphina Apartments is named in tribute to vessels built by Thames Ironworks and Ship Building Ltd, operating out of Canning Town, from 1835 until 1912. It reflects the heritage of this new, growing community, bringing modern homes, thoughtful design and standout amenities to London renters. Additional amenities include a games room, a fully equipped gym and wellness space, as well as a landscaped podium garden and a rooftop terrace. Following practical completion of the main build of Seraphina Apartments, fit out will now commence of the amenity spaces. Set to launch later this summer, Seraphina Apartments will provide high-quality rental homes in a thoughtfully designed setting, continuing the success of Grainger's established neighbouring schemes in Fortunes Dock. Tillkännagivande • May 16
Grainger plc Announces an Interim Dividend Grainger plc has announced an interim dividend of 2.85 pence (March 2024: 2.54 pence) per share which will return £21.0 million (March 2024: £18.8 million) of cash to shareholders. Tillkännagivande • May 02
Grainger Announces Appointment of Melanie Tinto as Senior Vice President, Chief Human Resources Officer, Effective April 28 Grainger announced the appointment of Melanie Tinto as Senior Vice President, Chief Human Resources Officer (CHRO), effective April 28. With this appointment, she will join the Grainger Leadership Team and oversee HR strategy and operations, including talent management, succession planning, compensation, organizational performance and benefits. Melanie joins Grainger from WEX, a financial technology solutions provider, where she served as CHRO. During her tenure, Melanie helped transform WEX's HR function into a strategic business partner, focusing on developing high-performing teams and integrating technology to improve operations. Prior to joining WEX, Melanie served as Vice President of Global Talent Acquisition and Chief Learning Officer at Medtronic, and previously held leadership roles at Hewlett-Packard, Walmart and Bank of America.Throughout her 30 years in the HR field, Melanie has demonstrated an innate ability to align people strategies with business objectives. Outside of work, Melanie enjoys spending time with her family and is active in her community. She will relocate to the Chicago area from Maine later this year. Tillkännagivande • Dec 16
Grainger plc, Annual General Meeting, Feb 05, 2025 Grainger plc, Annual General Meeting, Feb 05, 2025. Location: the citygate, st james boulevard, ne1 4je, newcastle upon tyne United Kingdom Tillkännagivande • Nov 22
Grainger plc Upgrades Earnings Guidance for the Fiscal Year 2026 Grainger plc upgraded earnings guidance for the fiscal year 2026. The company upgrade its EPRA earnings guidance for fiscal year 2026 by £5 million to £60 million, the second upgrade over the last 12 months, with the potential to deliver 50% EPRA earnings growth from the delivery of its committed pipeline over the medium term. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Michael Brodtman was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 08
Grainger plc Appoints Sapna Bedi Fitzgerald as Group General Counsel and Company Secretary, Sapna Will Start on 30 September 2024 Grainger plc announced that Sapna Bedi FitzGerald has been appointed as its Group General Counsel and Company Secretary. Sapna is currently Company Secretary and Group General Counsel at the FTSE-listed property services company, LSL Property Services PLC, having joined in 2001. Prior to LSL, Sapna worked as Legal Counsel at Aviva Life Legal Service. Sapna will start on 30 September 2024, joining Grainger's Executive Committee. Reported Earnings • May 19
First half 2024 earnings released: UK£0.03 loss per share (vs UK£0.006 profit in 1H 2023) First half 2024 results: UK£0.03 loss per share (down from UK£0.006 profit in 1H 2023). Revenue: UK£113.7m (up 2.9% from 1H 2023). Net loss: UK£22.0m (down UK£26.7m from profit in 1H 2023). Revenue is expected to fall by 24% p.a. on average during the next 3 years compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Declared Dividend • May 19
First half dividend of UK£0.025 announced Shareholders will receive a dividend of UK£0.025. Ex-date: 23rd May 2024 Payment date: 5th July 2024 Dividend yield will be 2.5%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Upcoming Dividend • Dec 21
Upcoming dividend of UK£0.044 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 14 February 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.2%). Reported Earnings • Nov 24
Full year 2023 earnings released: EPS: UK£0.035 (vs UK£0.31 in FY 2022) Full year 2023 results: EPS: UK£0.035 (down from UK£0.31 in FY 2022). Revenue: UK£267.1m (down 4.3% from FY 2022). Net income: UK£25.6m (down 89% from FY 2022). Profit margin: 9.6% (down from 82% in FY 2022). Revenue is expected to fall by 33% p.a. on average during the next 3 years compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 22
Grainger plc to Report Fiscal Year 2024 Results on Nov 21, 2024 Grainger plc announced that they will report fiscal year 2024 results on Nov 21, 2024 Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Janette Bell was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €2.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 4.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.18 per share. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €3.05, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 3x in the Real Estate industry in Germany. Total returns to shareholders of 4.9% over the past three years. Upcoming Dividend • May 18
Upcoming dividend of UK£0.023 per share at 2.3% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 03 July 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%). Reported Earnings • May 12
First half 2023 earnings released: EPS: UK£0.006 (vs UK£0.10 in 1H 2022) First half 2023 results: EPS: UK£0.006 (down from UK£0.10 in 1H 2022). Revenue: UK£50.8m (down 60% from 1H 2022). Net income: UK£4.70m (down 94% from 1H 2022). Profit margin: 9.3% (down from 60% in 1H 2022). Revenue is expected to fall by 9.0% p.a. on average during the next 3 years compared to a 20% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 09
Grainger plc Appoints Michael Brodtman as Director Grainger plc announced that at its AGM held on February 8, 2023, shareholders approved the election of Michael Brodtman as director. Upcoming Dividend • Dec 22
Upcoming dividend of UK£0.039 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 February 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.5%). Reported Earnings • Nov 18
Full year 2022 earnings released: EPS: UK£0.31 (vs UK£0.16 in FY 2021) Full year 2022 results: EPS: UK£0.31 (up from UK£0.16 in FY 2021). Revenue: UK£90.7m (down 64% from FY 2021). Net income: UK£229.4m (up 110% from FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 18
Grainger plc Appoints Carol Hui as Chairman of New Board-Level Responsible Business Committee Grainger plc announced that new Non-Executive Director, Carol Hui, has taken Chairmanship of new Board-level Responsible Business Committee. Tillkännagivande • Nov 14
Grainger plc Appoints Michael Brodtman to Board as Non-Executive Director, Effective on 1 January 2023 Grainger plc announced that Michael Brodtman will join the Board as a non-executive director on 1 January 2023. In his most recent role, Michael was Chairman of the UK advisory arm of CBRE, having spent a 40-year career at the agency. Michael led its valuation and operational real estate departments, growing specialist teams in emerging sectors and internationally. He moved into the role of chairman in January 2020 and retired on 30 June 2022. Michael has also held a non-executive director position at Places for People, the housing association, from 2016 to 2019, and is currently a Fellow of the Royal Institution of Chartered Surveyors and a Trustee of Jewish Care, the health and social welfare charity serving London's Jewish community. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €2.48, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 4.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.09 per share. Upcoming Dividend • May 19
Upcoming dividend of UK£0.021 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.2%). Reported Earnings • May 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£40.1m from profit in 1H 2021). Profit margin: (down from 40% in 1H 2021). Over the next year, revenue is expected to shrink by 67% compared to a 41% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Tillkännagivande • May 13
Grainger plc Announces Interim Dividend, Payable on 1 July 2022 Grainger plc announced the interim dividend of 2.08 pence per share (gross) (March 2021: 1.83 pence) amounting to £15.4 million will be paid on 1 July 2022 to shareholders on the register at the close of business on 27 May 2022. Upcoming Dividend • Dec 23
Upcoming dividend of UK£0.033 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 February 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.1%). Reported Earnings • Nov 19
Full year 2021 earnings released: EPS UK£0.16 (vs UK£0.14 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: UK£248.9m (up 16% from FY 2020). Net income: UK£109.5m (up 18% from FY 2020). Profit margin: 44% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 03
Grainger plc has completed a Follow-on Equity Offering in the amount of £208.876044 million. Grainger plc has completed a Follow-on Equity Offering in the amount of £208.876044 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,379,369
Price\Range: £3.1
Transaction Features: Regulation S; Rule 144A; Subsequent Direct Listing Tillkännagivande • Jun 12
Grainger plc (LSE:GRI) acquired The Forge, a stabilised income producing Build-to-Rent asset in Newcastle from Moorfield Real Estate Fund III, managed by Moorfield Investment Management Limited for £57 million. Grainger plc (LSE:GRI) acquired The Forge, a stabilised income producing Build-to-Rent asset in Newcastle from Moorfield Real Estate Fund III, managed by Moorfield Investment Management Limited for £57 million on June 11, 2021.
Grainger plc (LSE:GRI) completed the acquisition of The Forge, a stabilised income producing Build-to-Rent asset in Newcastle from Moorfield Real Estate Fund III, managed by Moorfield Investment Management Limited on June 11, 2021. Upcoming Dividend • May 20
Upcoming dividend of UK£0.018 per share Eligible shareholders must have bought the stock before 27 May 2021. Payment date: 02 July 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Reported Earnings • May 14
First half 2021 earnings released: EPS UK£0.06 (vs UK£0.064 in 1H 2020) The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: UK£101.3m (up 17% from 1H 2020). Net income: UK£40.1m (flat on 1H 2020). Profit margin: 40% (down from 46% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 19
Grainger plc Announces Executive Changes Grainger plc announced that Robert Hudson is to be appointed as its next Chief Financial Officer ("CFO"). Rob is currently Chief Finance and Operations Officer of St. Modwen Properties plc and from April 2020 was the Interim Chief Executive, relinquishing this role when the new CEO joined in November. He has over 26 years' experience in finance and real estate; immediately prior to St. Modwen he was Group Financial Controller at FTSE 100 REIT, British Land Co plc, from 2011-2015. Rob, who will join Grainger as an Executive Director on the PLC Board, is expected to start later this year. He will succeed Vanessa Simms, who informed the Board in October 2020 of her intention to step down as CFO during 2021. Upcoming Dividend • Dec 17
Upcoming Dividend of UK£0.036 Per Share Will be paid on the 15th of February to those who are registered shareholders by the 24th of December. The trailing yield of 1.9% is below the top quartile of German dividend payers (3.6%), and is lower than industry peers (2.9%). Is New 90 Day High Low • Dec 10
New 90-day low: €3.00 The company is down 12% from its price of €3.39 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.72 per share. Recent Insider Transactions • Nov 25
CFO & Executive Director recently sold €86k worth of stock On the 19th of November, Vanessa Simms sold around 25k shares on-market at roughly €3.43 per share. This was the largest sale by an insider in the last 3 months. This was Vanessa's only on-market trade for the last 12 months. Reported Earnings • Nov 20
Full year 2020 earnings released: EPS UK£0.14 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£214.0m (down 3.9% from FY 2019). Net income: UK£92.8m (down 19% from FY 2019). Profit margin: 43% (down from 52% in FY 2019). The decrease in margin was primarily driven by higher expenses. Tillkännagivande • Nov 19
Grainger plc, Annual General Meeting, Feb 10, 2021 Grainger plc, Annual General Meeting, Feb 10, 2021. Is New 90 Day High Low • Oct 31
New 90-day low: €3.04 The company is down 2.0% from its price of €3.10 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Real Estate industry, which is also down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.70 per share. Tillkännagivande • Oct 29
Grainger plc Announces Resignation of Vanessa Simms as Chief Financial Officer Grainger plc announces that Vanessa Simms, Chief Financial Officer, has advised the Board of her intention to leave Grainger plc to take up the role of Chief Financial Officer of Land Securities Group PLC. She will leave Grainger no later than the June 1, 2021 and, in the meantime, will continue to play a full and active role in the business. Tillkännagivande • Sep 18
Grainger plc Receives Approval for New Rental Homes by Southall Station Grainger plc announced that a new development by Southall station has been given the green light by Ealing Council, helping to provide more quality rental housing in the local area. The proposals, by Connected Living London (CLL) - the formal partnership between Grainger plc and Transport for London (TfL) - have been designed by award-winning architects, Assael Architecture. The scheme will deliver 460 new homes, including 40% affordable housing, across five buildings. The scheme encompasses a 1.16 acre site that was converted to railway sidings in the mid-20th century and is currently used for storage and associated Elizabeth line works. The homes will be a mixture of one, two and three bedroom properties, providing options for all types of households, with affordable homes offered at a Discounted Market Rent. The development will also incorporate renewable forms of energy through solar panels and air source heat pumps to minimise impact on the local environment. Located close by to Southall station, the development provides direct access to central London and will also be served by TfL Rail services, which will become the Elizabeth line service once it is open. It will provide more space for walking along Park Avenue and more greenery and street lighting. A new pedestrian crossing on Park Avenue will also be delivered as part of this scheme, making it safer for people to access Southall Park. Tillkännagivande • Jul 17
Grainger plc (LSE:GRI) agreed to forward fund and acquire 98-home, PRS scheme at Guildford Station for £37 million. Grainger plc (LSE:GRI) agreed to forward fund and acquire 98-home, PRS scheme at Guildford Station for £37 million on July 14, 2020. The transaction is subject to the satisfaction of several conditions. Once these have been satisfied and the transaction becomes unconditional, anticipated in mid-2021, construction will commence. Grainger expects this investment to generate a gross yield on cost of 5.5% once stabilized, with completion anticipated in early 2023. 
