Grainger plc (GRI.L), a provider of private rental homes, on Wednesday reported like-for-like rental growth of 3.1% for the four months to the end of January 2026, in line with prior guidance.
Private Rented Sector (PRS) like-for-like rental growth was 2.8%, while regulated tenancy like-for-like rental growth reached 6.2%.
Occupancy in the PRS portfolio remained at 96.0% as of January 31.
Looking ahead, the company said, "The delivery of our committed pipeline will deliver significant earnings growth, and we have the potential to further increase earnings from our outer pipeline opportunities, funded through divestment of our non-core, low yielding portfolio which provides us c.£0.5bn surplus capital to redeploy over coming years."
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.