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The latest announcement is out from Grainger ( (GB:GRI) ).
Progressive Equity Research has initiated coverage on Grainger plc, offering UK investors insights into the company as it reaches a critical point in its strategy to focus on build-to-rent properties. With government support for the private rental market and the planned conversion to a REIT, Grainger is well-positioned to attract investors seeking scalable income and capital growth opportunities.
More about Grainger
Grainger plc is the UK’s largest quoted landlord, focusing on the build-to-rent (BTR) sector. It is undergoing a nine-year transformation strategy to capitalize on the undersupplied private rental market, especially as buy-to-let landlords exit. The company aims to provide income and capital growth without the hassle of property management and plans to convert to a REIT by FY26E for tax efficiency.
YTD Price Performance: 0.27%
Average Trading Volume: 1,766,499
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.63B
See more data about GRI stock on TipRanks’ Stock Analysis page.