RCS - Grainger PLC - Full lease-up at Grainger’s Oxford BTR Scheme

GraingerAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250917:nRSQ5522Za&default-theme=true

RNS Number : 5522Z  Grainger PLC  17 September 2025

17 September 2025

 

Grainger plc

 

Grainger reaches full lease-up at flagship Oxford BTR Scheme

§  Strong lease-up in 7-months

§ Reinforces Grainger's strategic investment in Oxford

§ Demonstrates strong demand for Grainger's high-quality rental homes

 

Grainger plc, the UK's largest listed residential landlord and leader in the
Build to Rent (BTR) sector with over

11,000 rental homes and a pipeline of c.£1.3bn comprising c.4,500 BTR homes,
is pleased to announce the excellent lease-up performance of The Kimmeridge,
its flagship 150-home development and first BTR scheme in Oxford, achieving
full lease-up in 7-months - ahead of the anticipated 12-month lease-up
programme.

 

Since launching in March 2025, the Kimmeridge has experienced exceptional
leasing momentum, achieving this milestone well ahead of expectations. This
performance reflects the strong demand for Grainger's high-quality,
professionally managed rental homes, and the strength of its market-leading
operational platform.

 

Helen Gordon, Chief Executive, said:

"Reaching full lease-up at The Kimmeridge in such a short period is an
outstanding achievement and clearly demonstrates the compelling demand for our
homes in Oxford. This success is testament to the dedication of our on-site
teams, the quality of our customer experience, and the strength of our
in-house leasing capabilities. As the first and only Build to Rent scheme in
Oxford, The Kimmeridge reinforces our leadership in the sector and validates
our strategic investment in this key location."

 

Situated to the west of Oxford city centre, The Kimmeridge offers over 2,000
sq ft of shared amenity space, including a state-of-the-art 24/7 gym,
residents' lounge with dining area and kitchenette, flexible co-working zones
with private meeting pods, a landscaped courtyard, and an expansive rooftop
terrace. Residents also benefit from free superfast broadband and the support
of a dedicated on-site resident services team.

 

This leasing milestone further strengthens Grainger's confidence in its
focused strategy to deliver long-term, compounding returns and progressive
dividends for shareholders, leveraging its £1.3bn BTR pipeline to meet the
growing demand for high-quality rental housing in key cities across the UK.

 

-ENDS-

For further information, please contact:

 

Investor Relations

Kurt Mueller, Director of Corporate Affairs, Grainger plc:
                                +44 (0) 20 7940
9500

 

Media

Valentine Agamah, Head of Communications, Grainger plc:
           +44 (0) 20 7940 9500

Ginny Pulbrook / Geoffrey Pelham-Lane, Camarco:
 +44 (0) 20 3757 4992 /
4985

 

Notes to editor

 

Visit The Kimmeridge website to see images of the scheme: The Kimmeridge
(https://www.graingerplc.co.uk/developments/the-kimmeridge)

Take a virtual tour of The Kimmeridge: The Kimmeridge - Virtual Tour
(https://my.matterport.com/show/?m=NtPLYfaML61)

Visit Grainger's website to see its national portfolio of Build to Rent homes:
www.graingerplc.co.uk (http://www.graingerplc.co.uk)

 

About Grainger plc

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is
the UK's largest listed residential landlord, a Real Estate Investment Trust
(REIT) and leader in the fast-growing build-to-rent sector, providing c.11,100
rental homes to over 25,000 customers. With a pipeline of secured
build-to-rent development projects totalling c.4,500 homes and £1.3bn,
Grainger is creating thousands more rental homes by investing in cities across
the UK.

 

Grainger works in partnership with a large number of public sector
organisations to deliver new homes to local communities, including Transport
for London, Network Rail, the Ministry of Defence, Lewisham Borough Council
and the Local Pensions Partnership.

 

Grainger's build-to-rent developments provide a range of customer benefits
from professional on-site resident services teams, resident amenities
including gyms, residents' lounges, roof terraces, meeting rooms and
co-working space for those working from home, and superfast 250MB fibre optic
broadband.

 

Recognised as a FTSE4Good business, Grainger also takes a leading approach to
sustainability, specifically Environmental and Social issues (ESG) and has an
ambitious target to be net zero carbon in the operations of its buildings by
2030, to have a diverse and inclusive workforce and to make a positive social
impact in locations where it invests and operates.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRADZGMLGVNGKZM