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Grainger takes GRIP of PRS business via £346.7m rights issues

Grainger has bought JV partner Aviva out of GRIP for £396m
CoStar News
November 14, 2018 | 12:57 P.M.

Grainger, the UK’s largest listed residential landlord, has bought the entire share capital and shareholder loans in private rented sector business GRIP REIT from its joint venture partner, APG, for £396m, funded by a £346.7m rights issue.

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