Finance

Grainger “well-placed” to ride out Covid-19 crisis

By 2020-04-06T09:51:00

Helen Gordon

Grainger, the UK’s largest listed provider of private rental housing, has said it is well-placed to ride the Covid-19 storm, but that leasing activity is due to slow during the health crisis.

The group said it expected to see lower rental growth in the second half, falling below 3%, due to lower turnover, with renewals a greater proportion than new lets as people defer moves during the outbreak.

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