Added to YB: 2026-10-06
Pitch date: 2026-09-30
GRI.L [bullish]
Grainger plc
+4.72%
current return
Author Info
Unhealthy obsession with investing in UK small and midcap companies. Sign up for the newsletter.
Company Info
Grainger plc designs, builds, develops, owns and operates rental homes in the United Kingdom. The company operates through Private rented sector (PRS), Reversionary, and Others segments.
Market Cap
GBP 1.2B
Pitch Price
GBP 1.63
Price Target
N/A
Dividend
5.15%
EV/EBITDA
23.58
P/E
9.22
EV/Sales
11.58
Sector
Residential REITs
Category
value
REIT Petite – Dividend Income In A Shrinking Sector - Grainger plc
GRI.L (quick overview): Grainger is moving into “harvesting” mode after expanding its UK build-to-rent portfolio, with three-year targets combining rental growth, disposals and debt reduction as mature assets become cash-generative. Shares trade at a huge NAV discount, while medium-term rental growth of around 3% should determine dividend growth. The trade-off is high debt, lower income visibility from short-term residential leases and NAV sensitivity to gilt yields.
Read full article (2 min)