Grainger's CEO explaining the company's half year results: http://brrmedia.co.uk/event/138623/andrew-cunningham

Residential landlord Grainger has agreed to forward fund and buy a 108-home private rental development in Tottenham Hale, North London for £41m. The developer is Waterside Places, a joint venture between Muse Developments and the Canal & River Trust.

Residential property business Grainger reported a 26% improvement in its adjusted earnings for the year ended 30 September, to £94.0m, on Wednesday, with profit before tax increasing 17% to £100.7m. At the same time, the FTSE 250 company said it has conditionally agreed to acquire the entire share capital and shareholder loans in GRIP REIT from its joint venture partner, APG, for £396m.