New Progressive research note
Grainger commissioned Progressive Equity Research to produce ongoing research coverage.
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Progressive Equity Research has been commissioned by Grainger to produce ongoing research coverage. A new research document has been published, and is freely available to UK investors.
Research note summary:
One step beyond…
In the ambition of growing its build-to-rent (BTR) portfolio, we believe Grainger has a unique advantage relative to much of the peer group: its in-demand stock of reversionary properties can support its current expansion plans, whereas rivals are more dependent on expensive debt and a depressed forward-funding market, despite huge demand for rental homes. This update highlights Grainger's projects during a window of opportunity, when we see it on the front foot while others struggle to gain traction.
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About Progressive:
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