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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Firm increases sales revenue 42% as part of asset recycling initiative
Grainger has increased its turnover by 9%.
Britian’s largest listed residential landlord and build-to-rent developer reported turnover of £290.1m in the year to 30 September, up from £267.1m the previous year.
The group’s net rental income increased 14% from £96.5m to £110.1m over the same period. The group said the increase was “driven by a combination of strong delivery of pipeline scheme launches which contributed £10.9m along with another year of good rental growth reflecting strong demand for our product.”
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