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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Housing development in Bristol’s Redcliff Quarter bought for £128m

Bristol Grainger Bristol City Council

Property firm Grainger has struck a £128m deal to buy a huge mixed-use development in Bristol, that will comprise more than 400 homes and six commercial units.

The Newcastle-based company has exchanged conditional contracts with Redcliff MCC LLP - backed by ICG Real Estate in partnership with Madison Cairn - to acquire the central build-to-rent site, a nine-minute walk from Bristol Temple Meads railway station.

The scheme is part of the second phase of the Redcliff Quarter regeneration project, a wider, residential-led development.

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