Grainger Posts Strong Rental Growth and High Occupancy as BTR Pipeline Expands

Grainger ( (GB:GRI) ) has provided an announcement.

Grainger reported a strong trading performance for the four months to the end of January 2026, with total like-for-like rental growth of 3.1% and PRS rental growth of 2.8%, while regulated tenancies rose 6.2%. Occupancy in its stabilised PRS portfolio remained high at 96%, underpinned by strong demand that saw its new London BTR asset, Seraphina, fully let in under four months, the completion of its third Bristol scheme, Glasshouse Square, and the start of construction on a second Guildford project with Network Rail. The company also expanded its committed pipeline by acquiring a 195-home BTR scheme in Chiswick through its joint venture with Transport for London’s property arm, reinforcing visibility on future earnings. Management highlighted a supportive structural backdrop as smaller private landlords exit and new supply slows, and plans to redeploy about £0.5bn of surplus capital from non-core, low-yielding disposals into higher-growth rental opportunities, underpinning expectations of significant future earnings growth and strengthening Grainger’s position in the UK rental housing market.

The most recent analyst rating on (GB:GRI) stock is a Buy with a £216.00 price target. To see the full list of analyst forecasts on Grainger stock, see the GB:GRI Stock Forecast page.

Spark’s Take on GB:GRI Stock

According to Spark, TipRanks’ AI Analyst, GB:GRI is a Neutral.

Grainger’s overall stock score reflects a mixed financial performance with strong profitability but declining revenue and cash flow. The technical analysis indicates bearish momentum, but the stock’s attractive valuation and positive earnings call outlook provide a counterbalance. The company’s strategic growth plans and REIT conversion are significant positives.

To see Spark’s full report on GB:GRI stock, click here.

More about Grainger

Grainger plc is the UK’s largest listed provider of private rental homes, operating in the build-to-rent (BTR) and private rented sector (PRS). The group focuses on delivering professionally managed rental housing across key UK urban markets, aiming to generate sustainable long-term rental growth and attractive risk-adjusted returns for shareholders while helping address the country’s housing shortage.

Average Trading Volume: 2,167,562

Technical Sentiment Signal: Sell

Current Market Cap: £1.43B

See more insights into GRI stock on TipRanks’ Stock Analysis page.