Grainger has agreed a £141 million deal to forward fund and acquire a major build to rent scheme in Southall, west London.

The UK’s largest listed residential landlord will deliver the 401-home Merrick Place scheme, which is part of a wider 575-home development by Network Homes.

The 401 homes funded by will be within three blocks operating as a standalone build to rent development. In addition to this there will be a 22 storey building retained by Network, which will contain 132 homes for shared ownership and 42 for affordable rent