Landlord targets 2,000 BTR homes in new partnership with Network Rail

Figures published in the summer showed, overall, there are around a quarter of a million BTR properties in the pipeline, but “challenging” market conditions have slowed output sharply.

Grainger’s new partnership builds on The Barnum, a 348-home BTR scheme in Nottingham the three organisations have already completed.

Helen Gordon, Grainger’s chief executive, said: “We see this as a great opportunity to collaborate further and deliver a potential 2,000 much-needed, high-quality rental homes across the country, aligned to our city strategy.

“This partnership supports Grainger’s ambitious growth plans and provides exclusive access to superbly located and well-connected sites.”

Robin Dobson, group property director at Network Rail, added: “As the largest owner of infrastructure-led brownfield land in the UK, the creation of this partnership demonstrates our continued drive to work with strategic partners to unlock opportunities to deliver well-designed and well-connected homes and regenerate towns and cities.”

Last year, Grainger registered a for-profit provider as part of a long-term joint venture with Transport for London. The entity, Connected Living London, was originally established in 2019 with the aim of developing over 3,000 BTR homes.