Partner Article

Sales soar at Grainger

The UK’s largest residential landlord Grainger has seen sales rocket by 42% to £78.5m after taking advantage of the increased stability in the market.

For the six month period to 31 March 2010, the Newcastle plc expects completed sales from its core and retirement solutions portfolio to be approximately £78.5m, an increase of 42% from last year’s figure of £55.3m.

Meanwhile, the company also have a further £30.8m of transactions in the pipeline.

Grainger have said they have made solid progress on sales from their Hornsey Road development in the London Borough of Islington, where 21 of 26 properties have already been sold for £6.4m.

This was posted in Bdaily's Members' News section by Ruth Mitchell .