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Grainger acquires a 348-home PRS development in Nottingham for £55.6m

Grainger plc yesterday announced further details on its recently announced new scheme in Nottingham. Grainger has agreed to forward fund and acquire a 348-home PRS (‘build to rent’) development from Blocwork LLP for £55.6m (c. €67 million). Blocwork LLP, a 50:50 joint venture between Network Rail and Bloc Group, has…

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