Grainger (GRI)

Sector:

Real Estate

Index:

FTSE 250

232.50p
   
  • Change Today:
      10.50p
  • 52 Week High: 274.80
  • 52 Week Low: 221.00
  • Currency: UK Pounds
  • Shares Issued: 741.60m
  • Volume: 2,688,613
  • Market Cap: £1,724.22m
  • RiskGrade: 114
  • Beta: 1.17

Grainger buys Bristol build-to-rent development for £128m

By Frank Prenesti

Date: Thursday 23 Jun 2022

LONDON (ShareCast) - (Sharecast News) - UK residential landlord Grainger on Thursday said it had agreed to forward fund and buy the build-to-rent element of a Bristol development for £128m.
The "Redcliff Quarter" comprises 374 private rental homes, as well as 94 affordable homes and six commercial units, the company said.

Construction is expected to start in the third quarter of this year, with practical completion of the final element targeted for early 2025. It is anticipated that the scheme, including the commercial element, will generate a gross yield on cost of 6% once fully let and stabilised.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Grainger Market Data

Currency UK Pounds
Share Price 232.50p
Change Today 10.50p
% Change 4.73 %
52 Week High 274.80
52 Week Low 221.00
Volume 2,688,613
Shares Issued 741.60m
Market Cap £1,724.22m
Beta 1.17
RiskGrade 114

Grainger Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.77% below the market average11.77% below the market average11.77% below the market average11.77% below the market average11.77% below the market average
94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average
Price Trend
16.02% below the market average16.02% below the market average16.02% below the market average16.02% below the market average16.02% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average
Income
3.11% below the market average3.11% below the market average3.11% below the market average3.11% below the market average3.11% below the market average
44% below the sector average44% below the sector average44% below the sector average44% below the sector average44% below the sector average
Growth
59.42% below the market average59.42% below the market average59.42% below the market average59.42% below the market average59.42% below the market average
24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 1
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Grainger Dividends

  Latest Previous
  Final Interim
Ex-Div 16-Jan-25 23-May-24
Paid 21-Feb-25 05-Jul-24
Amount 5.01p 2.54p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 13,432 @ 232.50p
16:29 1,597 @ 232.50p
16:29 83 @ 232.50p
16:29 290 @ 233.50p
16:29 399 @ 233.00p

Grainger Key Personnel

CEO Helen Gordon
CFO Robert Hudson

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