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BRIEF-Grainger commits to build-to-rent scheme on Leeds Riverside
September 30, 2016 / 7:16 AM / in 10 months

BRIEF-Grainger commits to build-to-rent scheme on Leeds Riverside

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Sept 30 (Reuters) - Grainger Plc

* Commit to landmark build-to-rent scheme on Leeds Riverside to deliver c.250 prs homes

* Agreed to forward purchase a private rented sector for c.40m stg from YP Real Estate

* Scheme is expected to complete in 2019 and is anticipated to generate a gross yield on cost approaching 7 pct once fully let Source text for Eikon: Further company coverage:

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