Grainger enters BTR partnership with Network Rail and Bloc Group

Grainger plc has agreed to enter a partnership with Network Rail and Bloc Group through blocwork, a joint venture between the two parties.

The partnership has plans to deliver more than 2,000 new purpose-built rental homes in major cities across Great Britain.

Network Rail, Bloc Group and Grainger have recently completed The Barnum, a highly successful 348-home build-to-rent scheme in Nottingham, with blocwork as developer and Grainger as investor, funding the development and operating it upon completion.

In this new partnership, Network Rail will bring forward potential sites for build-to-rent from its extensive, well-located property portfolio and, with the blocwork joint venture as developer, will take the schemes through the planning process, with Grainger actively involved in design proposals. Once planning approval is secured, Grainger will forward fund the scheme and ultimately own and operate the completed schemes.

The selection of the brownfield