Grainger said net rental income up on strong demand
5th Feb 2025 07:03
(Sharecast News) - Shares in Grainger jumped on Wednesday as the private housing provider said net rental income rose 15% year on year in the four months to the end of January 2025, driven by strong demand and portfolio growth, and added that government plans to build more homes "further strengthens our outlook for the future".
Read moreGrainger ups earnings guidance after solid rental growth
21st Nov 2024 08:02
(Sharecast News) - Residential landlord and build-to-rent (BTR) group Grainger has raised its dividend by 14% on the back of a double-digit increase in rental income and profits, as the company lifted its near-term earnings forecasts.
Read moreGrainger reports solid end to financial year
7th Oct 2024 07:17
(Sharecast News) - Grainger, the UK's largest listed provider of private rental homes, flagged a robust full-year performance in an update on Monday, supported by portfolio expansion and strong rental growth.
Read moreGrainger acquires £31m build-to-rent asset in Manchester
24th Jul 2024 08:19
(Sharecast News) - Listed residential landlord Grainger announced the acquisition of The Astley, a £31m build-to-rent asset in Manchester, on Wednesday.
Read moreRental income rises as Grainger reports robust demand
16th May 2024 09:11
(Sharecast News) - Listed residential landlord Grainger reported an 11% increase in first-half net rental income on Thursday, to £53.2m, continuing its upward trajectory since its 'strategic restart' in 2016.
Read moreLondon close: Stocks finish higher as US inflation tops forecasts
10th Apr 2024 15:00
(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.
Read moreGrainger experiences 'strong' YTD rental growth
7th Feb 2024 08:19
(Sharecast News) - Residential property business Grainger said on Wednesday that it had seen "strong rental growth" in the four months ended 31 January.
Read moreLondon midday: Stocks reverse gains to turn lower at lunchtime
28th Dec 2023 12:27
(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read moreLondon close: Stocks mixed as investors digest Autumn Statement
22nd Nov 2023 15:12
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read moreGrainger hails 'record' delivery, lifts dividend
22nd Nov 2023 09:21
(Sharecast News) - Residential landlord Grainger posted a jump in annual rental income on Wednesday, boosted by strong demand for its properties.
Read moreGrainger hails 'year of record delivery'
5th Oct 2023 08:28
(Sharecast News) - Residential property business Grainger hailed "another year of record delivery" on Thursday, with an acceleration in both rental growth and sales.
Read moreGrainger reports continued momentum in lettings
27th Jun 2023 07:48
(Sharecast News) - Residential landlord Grainger reported continued momentum in its lettings business in an update on Tuesday, with total like-for-like rental growth reaching 7.1% for the year-to-date, slightly higher than the 6.8% growth it reported at the end of the first half.
Read moreGrainger reports jump in rental income
11th May 2023 09:25
(Sharecast News) - Grainger posted a jump in rental income on Thursday, driven by strong demand for rented homes.
Read moreGrainger posts strong rental growth on high demand, short supply
8th Feb 2023 07:59
(Sharecast News) - Private housing provider and developer Grainger reported a strong rise in rental growth as it cashed in on a shortage of supply against higher demand.
Read moreGrainger upbeat as rental income, earnings rise
17th Nov 2022 10:59
(Sharecast News) - Residential landlord Grainger reported 22% growth in net rental income in its final results on Thursday, to £86.3m.
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