Grainger Starts £75m Second Build-to-Rent Scheme at Guildford Station

Grainger ( (GB:GRI) ) just unveiled an announcement.

Grainger plc has begun construction on its second build-to-rent development at Guildford Station, a roughly £75m project that will deliver 179 new rental homes and expand its presence in the town to 277 units and more than £116m of investment. Developed in partnership with Solum, a joint venture between Network Rail’s property arm Platform4 and Kier Property, the scheme forms part of a wider £150m regeneration of the station quarter, including £25m of station upgrades such as a new ticket hall, improved pedestrian access and a multi-storey car park, reinforcing Grainger’s strategy of targeting well-connected, high-demand locations near major transport hubs. The project, expected to complete in 2028 with leasing to follow and contribute to earnings from that year, underlines the growing policy and industry focus on station-led housing delivery and demonstrates how under-used railway land can be converted into much-needed rental housing while supporting infrastructure improvements and long-term community value.

The most recent analyst rating on (GB:GRI) stock is a Buy with a £213.00 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, founded in 1912 and listed on the FTSE 250, is the UK’s largest listed residential landlord and a leading real estate investment trust in the fast-growing build-to-rent sector, providing around 11,100 rental homes to more than 25,000 customers. The company focuses on professionally managed rental communities in UK cities, often in partnership with public sector bodies such as Transport for London, Network Rail and government departments, and maintains a pipeline of approximately 4,500 additional build-to-rent homes worth £1.3bn. Grainger emphasises on-site resident services, shared amenities and high-speed broadband, and has been recognised for its sustainability and ESG practices, including FTSE4Good status and National Equality Standard accreditation.

Average Trading Volume: 2,142,014

Technical Sentiment Signal: Sell

Current Market Cap: £1.41B

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