Grainger says major build programme will see earnings double

CLL Southall

Build-to-rent developer to complete 1,640 homes from £1.4bn development pipeline before the end of the financial year

Build-to-rent developer and landlord Grainger has said it is on course to double its earnings over the next four years by delivering its 5,400-home development pipeline.

The firm, reporting half year results to March 31 today, said its predicted earnings growth was being supported by strong increases in rents and an expected 1,640 new homes that will be completed across seven schemes before the end of the current financial year.

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