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Birmingham Post
Birmingham Post
Business
Coreena Ford

Property firm Grainger targets UK regions to support 'levelling up'

The CEO of the UK’s largest listed landlord says the firm is proud to play its part in the Levelling Up agenda after doubling down on its commitment to the regions.

Newcastle based Grainger Plc, which was founded 110 years ago this year, has spent the last six years selling off older tenancies and retirements homes to become a leader in the fast-growing private rental sector (PRS).

The firm initially planned to plough £850m into PRS schemes, building and acquiring modern apartment blocks in key cities around the UK, but that investment has grown significantly to a current operational portfolio worth more than £3bn.

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