In the UK renting is the fastest growing housing tenure and has doubled in the last decade with 1 million new households created since 2005. As a landlord we aim to be the UK’s leading residential landlord and are growing our private rental portfolio by investing £850m by 2020.
Grainger already owns a large portfolio of rental properties across the United Kingdom and invested £389m in new and existing rental accommodation in the past year. We have expert property management teams in Newcastle, London, Manchester and Birmingham who ensure the customer is always at the heart of everything we do.
We are a co-investor in one of the UK’s largest market-let residential investment funds, GRIP, alongside one of Europe’s biggest institutional investor, APG, the Dutch pension fund asset manager. In addition, we provide fund management, asset management and property management services to the fund. Find out more about GRIP here. In 2016 GRIP was awarded a Green Star in the Global Real Estate Sustainability Benchmark 2016 Result for the third year in a row. The ‘Green Star’ performance category represents the highest category of performance.