Grainger Plc (GRI) Ordinary 5p

Grainger plc is a United Kingdom-based residential real estate investment trust (REIT). The Company develops, owns and operates rental homes across the country. It owns and manages approximately 9,874 privately rented homes which are predominately purpose-built, known as build-to-rent (BTR). It owns and manages over 1,204 homes subject to regulated tenancies where the tenants have the right to reside for life and rents are set by a third-party rent officer every two years. Its segments include private rented sector (PRS) and Reversionary. The PRS segment includes stabilized PRS assets as well as PRS under construction through direct development and forward funding arrangements. The Reversionary segment includes regulated tenancies, as well as co-operative housing asset retirement mortgage (CHARM). It offers My Grainger, an application which helps to connect with neighbors, join clubs, find out about events in buildings and the community.