Grainger Trust buys £40m stakes

Residential investor Grainger Trust has bought a portfolio of 917 life tenancy interests from NPI for £40.5m. The interests are all partial stakes in houses where the occupier retains an equity interest of 10%-80% and security of tenure for life. The portfolio produces no income, but Grainger will ultimately gain ...

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue