Over 100 years Grainger has built up a large portfolio of wholly and co-owned residential properties across the UK and Germany. These portfolios reflect the diversity of the housing stock in both countries, and through our detailed local knowledge and our ability to invest, trade and manage residential property we are able to deliver best value.
Our strategic drive to locate our assets in the areas of greatest economic activity has resulted in a 62% of our wholly-owned UK assets located in London and the South of England and 80% of our German assets in the four most economically robust regions, Baden-Württemberg, Hesse, North Rhine-Westphalia and Bavaria.
In the UK, our assets have continued to outperform the general residential market. In the year ended 30 September 2012 the average of the two major housing indices (as provided by Halifax and the Nationwide) showed a fall of 1.3%. By contrast, Grainger’s UK portfolio increased in value by 3.9%.