Close Menu
PAD MagazinePAD Magazine
    Pages
    • About PAD Magazine
    • Advertise
    • Contact
    • Contribute Property and Home Improvement related content
    • Home
    • Newsletter Advertising
    • Pad Team
    • Property & Development Magazine
    • Subscribe
    Facebook X (Twitter) Instagram
    • Contribute
    • About PAD Magazine
    • Pad Team
    X (Twitter) RSS
    PAD MagazinePAD Magazine
    • Home
    • New Builds
      • Sales & Marketing
      • Regeneration
      • Planning & Design
      • Sustainable Construction
    • Luxury Living
      • Interior Design
      • Lifestyle
      • Property Renovation & Refurbishment
      • Garden & Lanscaping
      • Home Decor
    • News
      • Software
      • Energy & Utilities
      • Affordable Housing
      • Environment
      • Plant & Machinery
      • Products & Materials
      • Infrastructure & Energy
    • About
      • Pad Team
      • Contribute Property and Home Improvement related content
    • Contact
    Subscribe
    PAD MagazinePAD Magazine
    You are at:Home Southampthon PRS Scheme Secured Funding
    Builds & Development

    Southampthon PRS Scheme Secured Funding

    Cristina DiaconuBy Cristina Diaconu10/05/2018No Comments2 Mins Read6 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Southampthon PRS Scheme Secured Funding
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    A £27 million private rental scheme in Southampton secured funding after developer National Regional Property Group had sold the development to a real estate investment trust (REIT). Grainger’s GRIP REIT real estate investment trust joint venture with APG has unconditionally agreed to forward fund and acquire the 132-home build-to-rent development on a disused shopping site in Southampton’s East Street.

    “Southampton is a target location for Grainger and this scheme on East Street will deliver 132 new high quality, purpose built rental homes and will allow us to utilise our operational base in Hampshire and provide our customers with great service and a great property to live in,” said Grainger chief executive Helen Gordon.

    GRIP REIT is 25% owned by Grainger and 75% owned by APG, focusing on the private rental sector investments in London and the southeast. Grainger is also the property, asset and development manager for the REIT.

    “The development at East Street reinforces the importance of Southampton having a city centre master plan. It gives developers the confidence to be part of the transformation of this part of the city centre, which is currently undergoing significant redevelopment,” said Mike Harris, director of growth at Southampton City Council.

    “The provision of high quality apartments in the build to rent sector contributes to attracting and retaining talent in the city, which continues to drive the economic growth of Southampton. This £27m mixed-use regeneration project is a predominantly residential led scheme, adding to the city’s emerging private rental sector offering,” he added.

    See also  Keon Homes in the loop with £35m Birmingham urban regeneration scheme
    Helen Gordon Mike Harris
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleTreat Your Garden with a Fireplace
    Next Article Why Your Washing Machine Isn’t Cleaning Anymore
    Avatar
    Cristina Diaconu

    Related Posts

    Housebuilder set to invest £102 million to transform former Boots site

    17/07/2025

    Bellway enjoys success in prestigious industry awards

    17/07/2025

    GRAHAM appointed to build affordable new homes on former school site

    17/07/2025
    Leave A Reply Cancel Reply

    Search
    Categories
    • Affordable Housing
    • AI
    • Architecture
    • Art & Entertainment
    • Automotive
    • Awards
    • Beauty
    • Builds & Development
    • Business, Legal & Financial
    • Casino
    • Celebrities
    • Charity
    • Construction
    • Coronavirus
    • Corporate Social Responsibility
    • Crypto
    • Education
    • Energy
    • Energy & Utilities
    • Environment
    • Events
    • Fashion
    • Finance
    • Gambling
    • Garden & Lanscaping
    • Health
    • Health and safety
    • Home Decor
    • Homes and Interiors
    • Infrastructure & Energy
    • Interior Design
    • International
    • Jobs & Training
    • Law
    • Leisure & Hospitality
    • Lifestyle
    • Luxury Living
    • Management & Estate Services
    • Manufacturing
    • Marketing
    • Medical
    • Net Worth
    • News
    • Op-Ed
    • Planning & Design
    • Plant & Machinery
    • Plumbing
    • Politics
    • Press Releases
    • Products & Materials
    • Property Renovation & Refurbishment
    • Regeneration
    • Sales & Marketing
    • Software
    • Sustainable Construction
    • Technologies
    • Tips
    • Tips
    • Travel & Tourism

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Hodge Welcomes John Carter as Head of Real Estate Finance

    New Lidl in store for Poole

    Industry expert: Scotland needs double the number of electricians to hit net zero – but there are ‘unprecedented’ opportunities for those who do take up the tools

    From Booking to Exploring: Best Travel Apps in 2025 for Seamless Trips

    Hodge Welcomes John Carter as Head of Real Estate Finance

    New Lidl in store for Poole

    Industry expert: Scotland needs double the number of electricians to hit net zero – but there are ‘unprecedented’ opportunities for those who do take up the tools

    From Booking to Exploring: Best Travel Apps in 2025 for Seamless Trips

    © 2025 ThemeSphere. Designed by Property & development.

    Type above and press Enter to search. Press Esc to cancel.

    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
    View preferences
    {title} {title} {title}