Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Residential landlord sees rental income grow but ‘delay’ to lettings recovery during latest lockdown
Landlord and build to rent developer Grainger has said 10% of its rental homes are lying vacant due in large part to the impact of coronavirus restrictions.
The firm reported in November that its stock was just 91% let, and in a half-year trading update to the market today said this had fallen further to 90% amid a “delay” in the expected recovery of the market, which it said was particularly focused in London.
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