08 September 2017. Log in. 01 December 2016 . The business was established by the Dickinson family in 1912 as the Grainger Trust to acquire tenanted residential properties in Newcastle upon Tyne. Insight – which developers are driving the Build to Rent boom? [7], As at 30 September 2020 its investment portfolio was valued at £1.8 billion and its development and trading portfolio was valued at £0.7 billion. News Archive: February 2012 - April 2015. Andrew Saunderson, director of investments at Grainger, said: “We are delighted to progress on our Exchange Square development, our second Build to Rent scheme in Birmingham. Grainger is America’s trusted source for MRO supplies and industrial products. Equity (1) Code Instrument name Price Change Type Documentation ; GRI: ORD 5P: 271.20. Property investment cons – how can you avoid them? It is headquartered in Newcastle upon Tyne and is a constituent of the FTSE 250 Index. Find a New Home; Renting With Us; Back My favourites You currently have no favourites saved. Half Year Results. [5], In 2011 the company entered into a development agreement with the Defence Infrastructure Organisation to create the Wellesley Development, which incorporates the Cambridge Military Hospital at Aldershot and which will generate 3,850 homes. Nick Payne, Nikal’s co-founder and managing director, said: “We’re so proud of what we have achieved to date in Birmingham. We are the UK’s largest listed residential landlord. Volume . Services Valuation Accuracy Fees Satisfaction Min Price of property reviewed Max Price of property reviewed ; Review statistics. Build to Rent sector set for growth, research firm claims ... Is house flipping still a profitable strategy in 2020? Would you like to subscribe to future comments? Grainger plc (LSE : GRI) is a British -based residential property business. David Alexander, CEO of apropos and D.J. 0.67%: Equity-As at 04.03.21 04:22:34 - All data delayed at least 15 minutes . Grainger Plc Birmingham is world leading when it comes to setting standards in land, properties and constructions. We're one of the UK's largest professional landlords. Listed residential landlord Grainger plc has bought the 373-unit second phase of the Exchange Square build-to-rent development in Birmingham for £77M.. Phase 2 - originally set to be finished by 2032-33, but now set to open between 2035-40 - will link Birmingham to Crewe, Wigan and Manchester in one direction and an East Midlands Hub and Leeds in the other. Grainger PLC, the UK’s largest listed residential landlord and leader in the UK private rented sector (PRS), has agreed to forward-fund and acquire a 373 apartment development at Exchange Square for £77 million. We pride ourselves on being a leading, responsible long-term landlord, who takes a holistic approach to creating great places to live. Especially through these times of COVID, he was able to provide constant reassurance in times of complete uncertainty. Two years ago CEO Helen Gordon said she was embarrassed that Grainger, which has its headquarters in Newcastle, was not developing any sites in the North East. The build to rent and private rented sector has offices in Birmingham, Manchester and Newcastle. In order to progress your enquiry we need to know which method(s) of contact you would like to be used - email only, or email and phone. Our residents at Clippers Quay enjoyed their first resident quiz night last night. In 2010 the company buys Sovereign Reversions, an AIM-listed equity release company. Please enter the details you would like to be contacted on regarding your enquiry and then submit your enquiry. Nikal is emerging as a key delivery partner for this sector and Grainger is continuing to curate one of the best institutional grade rental portfolios in the country. The Newcastle based residential landlord has agreed to forward fund and acquire a 348-home PRS development from Blocwork LLP – a 50/50 joint venture between Network Rail and Bloc Group. Auction roundup – will February's sales top January’s? Ms Gordon said rumours that the company was involved in the Forth Bank development in Newcastle were … At the time, the deal was described as ‘ground-breaking’, marking the first time an institutional fund had forward-funded a BTR development of this scale outside of London. Another £75 million came from the insurance company Rothesay Life Plc. Established in Newcastle upon Tyne, we own and manage a portfolio of over 8,500 rental properties across the country. Would definitely recommend using this company and this agent should you ever need it. In 2007 it changed its name to Grainger plc. Grainger plc (LSE: GRI) is a British-based residential property business. [2], In 2006 it entered into a joint venture with Development Securities to develop Curzon Park in Birmingham. skip to main content Covid-19 - Click here for latest updates for our customers. Works are set to commence on site this week, with completion scheduled for summer 2023. In the 1970s and 1980s it acquired large residential estates from British Coal, British Rail and Reckitt & Coleman. We started with dreams and derelict land, and to see ambitions transformed into thriving busy communities that people can call home is why we do what we do.”, He added: “This next chapter in our Masshouse story is our most ambitious to date, and we could not have asked for a better partner in this project than Grainger. Take off everything it owns from everything it owes and Grainger ‘net worth’ in its accounts is £816 million. [3] In 2007 it changed its name to Grainger plc. The deal confirms Nikal’s intentions to submit new plans for the strategic site, which sits opposite Birmingham Curzon HS2. The future of the HS2 scheme was in considerable doubt for quite some time, but earlier this year Boris Johnson greenlighted the ongoing completion of the project, the largest infrastructure scheme in Europe, which will connect London to Birmingham, Manchester and Leeds. Exchange Square Phase 2 is described as the next phase in Nikal’s ‘dynamic £350 million urban village’. your report. Useful. The new development at Exchange Square, which is being designed by Stephenson Studio, is located opposite HS2 Curzon Birmingham. Search jobs. Search for local Letting Agents near you on Yell. Once ready, the line is set to offer trains which can reach speeds of up to 250mph, with services running as often as 14 times an hour in each direction. Grainger Trust enters a joint venture with Development Securities in 2006, developing Birmingham’s Curzon Park. A future-proof home for Grainger . Get contact details, videos, photos, opening times and map directions. Grainger agrees to forward fund and acquire a 156 home PRS build to rent scheme in Birmingham for c.£28m. Search by instrument name, code or ISIN. Price information What's this? Full Year Results. Why modular housing is primed to deliver the green homes of the future. Load More; Date. Fifteen years ago, Nikal began the delivery of 350 apartments across two buildings, Masshouse Plaza and The Hive. Learn about Grainger plc's Birmingham office. 271.20 / 03 March 2021. Grainger plc and GRIP REIT recognised as sustainability leaders. Select instrument to view. Nikal Limited is delighted to announce that it has signed contracts with Grainger plc, the UK’s largest listed residential landlord and leader in the UK private rented sector (PRS), for the delivery of a 375-home PRS development (known as ‘build to rent’) at Exchange Square 2 in Birmingham. Grainger PLC The Circle Harborne,Birmingham West Midlands B17 9DY 0121 426 0210. update staff | update details. 06 April 2016. GRIP, the PRS Investment Vehicle, converts to UK REIT. Are rent to rent and lease agreements legitimate investment strategies? UKâs largest players in the build to rent and private rented sector, Grainger PLC was started in 1912 at the Newcastle upon Tyne. For more information on Exchange Square Phase 2, you can visit nikal.uk.com. A diverse team of leaders, innovators, thinkers and doers, all dedicated to putting people first. The UK's largest listed residential landlord | Grainger plc, a FTSE250 company, is the UK’s largest listed residential landlord, with c.9,000 rental homes in its portfolio, and a pipeline which will see it double in size, investing over £2bn to deliver a further c.9,000 new homes for rent across the UK. Grainger PLC | 8,262 followers on LinkedIn. #clippersquay #lifeatclippers. It is headquartered in Newcastle upon Tyne and is a constituent of the FTSE 250 Index. The partnership between Nikal, founded by Nick Payne and Alan Murphy in 2003, and Grainger, the UK’s largest listed residential landlord, will lead to the delivery of a 375-home BTR development at Exchange Square 2 in the UK’s second city. Please confirm you wish to report this comment as abuse. A team that cares for our customers, our communities and each other. BTR update – 500 new council homes and the resilience of PBSA. A valued client of ours for the past 5 years, Grainger, the UK’s largest listed residential landlord, is forward-funding the 348-home Build to Rent development on Queen’s Road, which is being developed by Blocwork – a 50:50 joint venture between Network Rail and Block Group to … Back to results. The formal completion of the agreement concludes the appointment of leading design and build specialist McAleer & Rushe as main contractor on the scheme. Alexander. Why the cladding issue must be addressed immediately. In 2008 a consortium of Helical Bar and Grainger was named as the preferred developer for the King Street regeneration scheme in Hammersmith. Open price . Property Management Service Desk +44 (0) 330 678 1608. Working at Grainger. Download the app Get a free listing Advertise 0800 777 449. keywords location Search. GRAINGER PLC instruments. 19 May 2016. 19 July 2016. “It acted as a catalyst for other PRS development in the city,” the company says. Grainger plc, the UK’s largest privately owned residential landlord, asked us to help consolidate its London offices into one HQ, which would serve as a foundation for the business for the next 100 years. It was first listed on the London Stock Exchange in 1983. The delayed first phase - a new railway line running between London and the West Midlands, carrying 400m-long trains with as many as 1,100 seats – was initially set to be completed by the end of 2026, but the start date has now been pushed back to between 2028-2031. When it comes to these, information is key. [4] In 2010, Grainger acquired AIM-listed Sovereign Reversions, an equity release provider, and subsequently formed a 50:50 joint venture with Moorfield, a UK real estate investor, developer and private equity fund manager. All these lenders receive interest from Grainger of between 1.5 to 3% a year, totalling £27 million in 2018. The CEO of property firm Grainger Plc has said the company is officially on the lookout for a development site in Newcastle. Subsequent inquiries have highlighted issues... Who are you? Listed landlord Grainger Plc has unveiled plans for a £55.6m housing scheme in Nottingham amid plans to bolster its private rental sector portfolio. There is no question that Covid-19 has completely torn through the UK economy, with any... Property developer Nikal recently announced that it has signed contracts with Grainger plc for the latest Build to Rent scheme to hit Birmingham. Congrats to our winning team! A second stage is set to deliver a 15-storey, 235-bed Premier Inn Hotel and 6,000 sq ft Bar+Block Steakhouse Restaurant, both pre-let to Whitbread, as well as 7,500 sq ft of high-quality retail space. Portugal update - buyer demand holding up and extension to Golden Visa scheme, Development roundup – new BTR schemes in Birmingham and Hertfordshire, Investors could be between a rock and a hard place after Budget – claim. Grainger plc Diep Parmar Review 5/5 Had help from Diep Parmar while renting my flat in London, and he was helpful, flexible, and easy to work with. The partnership between Nikal, founded by Nick Payne and Alan Murphy in 2003, and Grainger, the UK’s largest listed residential landlord, will lead to the delivery of a 375-home BTR development at Exchange Square 2 in the UK’s second city. Reply. Katherine Stephens, Development Manager at Grainger plc said: “Nottingham has been a key target city for Grainger for some time owing to its strong growth prospects and existing provision. Exchange Square is set to become an important visual landmark once the HS2 line is up and running, with hundreds of thousands of people potentially being welcomed to the city every day. Grainger plc (0 Ratings) | Write a review. [1], Grainger, Development Securities buy Birmingham site for 33.5 mln stg, "King Street Regeneration breathing life into Hammersmith", "Wellesley garrison site homes going on sale in Aldershot", "TfL appoints preferred Build to Rent Partner", Institute of Workplace and Facilities Management, Building regulations in the United Kingdom, Tenancy Deposit Scheme (England and Wales), Henderson Smaller Companies Investment Trust, JPMorgan Emerging Markets Investment Trust, JPMorgan European Smaller Companies Trust, Sequoia Economic Infrastructure Income Fund, Templeton Emerging Markets Investment Trust, https://en.wikipedia.org/w/index.php?title=Grainger_plc&oldid=1009714059, Real estate companies established in 1912, Companies listed on the London Stock Exchange, Creative Commons Attribution-ShareAlike License, This page was last edited on 1 March 2021, at 23:33. Yell.com Yell Business. That is why the company makes sure every client is well informed. Rund’s expertise will be essential in delivering high-quality homes and resident amenity space for hundreds of prospective renters.” Recent news. The Exchange Square location makes it attractive and convenient for renters in the city, and we look forward to seeing this landmark scheme progress.”. Meaningful information such as … Cladding roundup – BTR re-cladding and the declining appeal of flats, Update – Sheffield regen, RAF ‘garden village’ and Bloomsbury office to resi, Overseas news - desire to move to Spain still strong despite Covid and Brexit, Auction roundup – strong alliances and online endeavours, Opinion - why alternative property investment is overtaking buy-to-let, Boris Johnson greenlighted the ongoing completion of the project. In 2006 it entered into a joint venture with Development Securities to develop Curzon Park in Birmingham. In 2008 a consortium of Helical Bar and Grainger was named as the preferred developer for the King Street regeneration scheme in Hammersmith. Founded by the Dickenson family, the company has currently 9000 homes under its portfolio that are worth £2.9bn. Rise in young people considering a move to Spain – how can investors benefit? Customers. Previous close price / date . Their foresight, passion and dedication to creating a sense of place and community, whilst providing high-quality homes for all, is admirable.”, James Mannix, head of residential development at Knight Frank, commented: “This deal is a huge vote of confidence for the BTR sector and for Birmingham. By submitting your enquiry you agree to the contact details entered in this form being used to contact you regarding your enquiry and that you have read and accepted our Terms and Conditions. Nikal has been a major contributor to modern Birmingham since 2003, after being awarded the opportunity to regenerate ‘Masshouse Plot 7’. Be the first to comment (please use the comment box below). Knight Frank research shows that through careful and considerate tenant care during this crisis, institutional landlords have continued to collect close to normal levels of rent through the period.”. See reviews, salaries & interviews from Grainger plc employees in Birmingham, England. Revealed: the UK’s best and worst places for buy-to-let, House price growth across world’s major cities hits highest level since Q4 2013. Find Grainger plc in Birmingham, B5. Finding a new home ; Renting with us; Corporate; Contact; You currently have no favourites saved. 271.20 . This was a site created by the removal of Masshouse Circus, the ‘concrete collar’ ring road that was restricting the expansion of Birmingham’s city core. Performance statistics. The project may be further affected by the coronavirus pandemic, which has led to a dramatic fall in the number of people commuting by train. GBX. . A moderator will review The Grenfell Tower tragedy horrified Britain. Headline. The … Exchange Square followed after Nikal agreed a £105 million forward-funding deal with La Salle Investment Management.