Finance

Grainger forward funds £42m Sheffield PRS development

By 2019-09-30T07:03:00

Helen Gordon

Grainger has agreed to forward fund a 284-home PRS development at Well Meadow in Sheffield for around £42m.

The project, which is being developed by Panacea Property Development, builds on Grainger’s existing portfolio of PRS investments in Sheffield, with Brook Place, the 237 home build-to-rent development also close by, providing scale and operational efficiencies in a Sheffield cluster.

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