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Grainger PLC

GRI.L

Latest Trade

269.00GBp

Change

1.00(+0.37%)

Volume

12,869

Today's Range

267.60

 - 

269.80

52 Week Range

204.00

 - 

276.60

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Grainger Agrees To Buy Second Scheme In Bristol

Sept 27 (Reuters) - Grainger PLC <GRI.L>::GRAINGER PLC - TRADING UPDATE.GRAINGER PLC - AGREED TO ACQUIRE SECOND SCHEME IN BRISTOL, MILLWRIGHTS PLACE, WHICH IS ADJACENT TO OUR HAWKINS & GEORGE SCHEME AT FINZELS REACH.GRAINGER PLC - OVERALL RENTAL GROWTH OF +3.4% YEAR TO DATE.GRAINGER PLC - PIPELINE IS EXPECTED TO DELIVER A C.13% INCREASE IN PASSING NET RENTS BY FY20.GRAINGER PLC - WHEN FULLY LET, BROOK PLACE IS EXPECTED TO GENERATE A TOTAL ANNUAL NET RENTAL INCOME OF C.£1.6M.

Grainger Refinances 275 Mln Stg Of Debt

July 19 (Reuters) - Grainger PLC <GRI.L>::GRAINGER PLC - GRAINGER REFINANCES £275M OF DEBT, FINALISING INTEGRATION OF GRIP PRS PORTFOLIO.GRAINGER PLC - HAS SUCCESSFULLY AGREED A REFINANCING WITH ROTHESAY LIFE FOR ITS GRIP PORTFOLIO.GRAINGER PLC - NEW FACILITY HAS BEEN AGREED AHEAD OF 2020 MATURITY DATE.GRAINGER PLC - NEW FACILITY CONSISTS OF TWO TRANCHE TENORS, A £75M TRANCHE FOR SEVEN YEARS AND A £200M TRANCHE FOR TEN YEARS.

Grainger's HY Profit Before Tax Increased 7%

May 16 (Reuters) - Grainger PLC <GRI.L>::GRAINGER PLC - HY NET RENTAL INCOME(1) UP +33% TO £29.1M.GRAINGER PLC - HY 3.7% LIKE-FOR-LIKE RENTAL GROWTH ACROSS OUR ENTIRE PORTFOLIO.GRAINGER PLC - HY ADJUSTED EARNINGS WERE DOWN SLIGHTLY TO £38.3M (HY18: £40.9M).GRAINGER PLC - HY PROFIT BEFORE TAX INCREASED 7% TO £54.3M.GRAINGER PLC - INTERIM DIVIDEND PER SHARE INCREASED 10% TO 1.73P PER SHARE.GRAINGER PLC - HY EPRA NNNAV OF 271P PER SHARE (FY18: 286PPS).GRAINGER PLC - "EXPECT OUR PIPELINE TO MORE THAN DOUBLE OUR NET RENTAL INCOME OVER COMING YEARS".

Grainger Selected By Transport For London As Preferred Bidder For Strategic Partnership

April 1 (Reuters) - Grainger PLC <GRI.L>::BEEN SELECTED BY TRANSPORT FOR LONDON AS ITS PREFERRED BIDDER FOR A STRATEGIC PARTNERSHIP.TFL AND GRAINGER WILL DELIVER OVER 3,000 NEW HOMES ACROSS EIGHT SEED SITES IN LONDON.PARTNERSHIP IS A JOINT VENTURE STRUCTURE OF 49:51 (TFL:GRAINGER).

Grainger Says Co Remains Confident On Outlook For Year Ahead

Feb 6 (Reuters) - Grainger PLC <GRI.L>::TRADING UPDATE.UPDATE ON TRADING FOR FIRST FOUR MONTHS OF ITS FINANCIAL YEAR TO END OF JANUARY 2019.STRONG SALES PERFORMANCE AT END OF LAST YEAR REDUCED VACANT EX REGULATED PROPERTIES AVAILABLE FOR SALE.PRICING IS STEADY AND VOLUMES HAVE SLOWED SLIGHTLY, REMAIN CONFIDENT THAT WILL ACHIEVE FULL YEAR EXPECTATIONS.3.7 PCT OVERALL LIKE-FOR-LIKE RENTAL GROWTH YEAR TO DATE.RESIDENTIAL SALES FOR FIRST FOUR MONTHS PERFORMED IN LINE WITH PRIOR YEAR AND EXPECTED H1:H2, 40:60 SPLIT.REMAIN CONFIDENT ON OUTLOOK FOR YEAR AHEAD.

Grainger To Buy 373-Home PRS Development For About 77 Mln Stg

Dec 18 (Reuters) - Grainger PLC <GRI.L>::ACQUISITION.AGREES TO FORWARD FUND AND ACQUIRE A 373 HOME, PRS DEVELOPMENT AT EXCHANGE SQUARE IN BIRMINGHAM FOR C.£77M.TRANSACTION WILL BECOME UNCONDITIONAL, ANTICIPATED IN MID 2019.EXPECTS THIS INVESTMENT TO GENERATE A GROSS YIELD ON COST IN EXCESS OF 6.5% ONCE STABILISED, WITH COMPLETION ANTICIPATED IN 2022.

Grainger Announces Results Of Rights Issue

Dec 18 (Reuters) - Grainger PLC <GRI.L>::RESULTS OF RIGHTS ISSUE.FULLY UNDERWRITTEN 7 FOR 15 RIGHTS ISSUE OF 194.8 MILLION NEW SHARES AT 178.0 PENCE PER NEW SHARE CLOSED FOR ACCEPTANCES ON DEC 17.RECEIVED ACCEPTANCES OF 186.9 MILLION NEW SHARES, REPRESENTING ABOUT 95.95 PERCENT OF NUMBER OF NEW SHARES OFFERED PURSUANT TO RIGHTS ISSUE.

Grainger To Buy GRIP REIT For 396 Mln Pounds

Nov 14 (Reuters) - Grainger Plc <GRI.L>::ACQUISITION OF GRIP REIT PLC.TO ACQUIRE ENTIRE SHARE CAPITAL AND SHAREHOLDER LOANS IN GRIP REIT FROM ITS JOINT VENTURE PARTNER, APG, FOR 396 MILLION STG.ACQUISITION WILL BE FUNDED BY A 346.7 MILLION STG RIGHTS ISSUE FULLY UNDERWRITTEN BY J.P. MORGAN CAZENOVE AND NUMIS.

Grainger Says FY Profit Before Tax 100.7 Mln Stg

Nov 14 (Reuters) - Grainger PLC <GRI.L>::GRAINGER PLC - FY PROFIT BEFORE TAX INCREASED +17% TO £100.7M (FY17: £86.3M).GRAINGER PLC - FY EPRA NNNAV UP +4% TO 316P PER SHARE (FY17: 303PPS).GRAINGER PLC - FY +4.0% LIKE FOR LIKE RENTAL GROWTH ACROSS OUR ENTIRE PORTFOLIO (FY17: 3.8%).GRAINGER PLC - FINAL DIVIDEND OF 3.52P PER SHARE.GRAINGER PLC - ALSO ANNOUNCES A SIGNIFICANT INCREASE IN ITS PRS INVESTMENT PIPELINE TO £1.37BN, AHEAD OF ITS £850M TARGET SET FOR 2020.GRAINGER PLC - ANNOUNCES ITS INTENTION TO RAISE £346.7M THROUGH A PROPOSED RIGHTS ISSUE.

Grainger Acquires 108 PRS Build To Rent Homes In Tottenham

Nov 9 (Reuters) - Grainger PLC <GRI.L>::GRAINGER PLC - ACQUISITION.GRAINGER PLC - PROPOSED DEAL FOR FOR C.£41M.GRAINGER PLC - GRAINGER AGREES TO FORWARD FUND AND ACQUIRE 108 PRS BUILD TO RENT HOMES IN TOTTENHAM HALE, LONDON FOR C.£41M.GRAINGER PLC - EXPECTS THIS INVESTMENT TO GENERATE A GROSS YIELD ON COST OF BETWEEN 5.5-6% ONCE STABILISED, WITH COMPLETION ANTICIPATED IN EARLY 2021.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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