Grainger PLC New Rental Housing Scheme
14 December 2017 - 6:01PM
RNS Non-Regulatory
TIDMGRI
Grainger PLC
14 December 2017
14 December 2017
Lewisham Council selects Grainger as its partner to deliver a
major, ground-breaking new rental housing scheme
Lewisham Council has announced that Grainger plc, the UK's
largest listed residential landlord, has been selected as the
preferred bidder for a partnership to develop and own 232 new
purpose-built private rented homes and provide a new ethical rental
offer to Lewisham residents including long-term, family-friendly
tenancies.
The partnership will develop around 232 homes, including 35%
affordable homes to be let at the 'London Living Rent', on a site
at Besson Street in New Cross. In addition to the 232 new homes,
the partnership will also develop a health centre for the local
community, new office space for the New Cross Gate Trust and an
outdoor gym.
Lewisham Council and Grainger will now finalise the legal
agreement and will make a further announcement in the spring of
2018, when the partnership is expected to be formally launched.
- ENDS -
For further information:
Grainger plc
Kurt Mueller
London Office Tel: +44 (0) 20 7940 9500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 14, 2017 02:01 ET (07:01 GMT)
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