Grainger plc announces that it has agreed to enter a partnership with Network Rail and Bloc Group, through 'blocwork', a Joint Venture between the two parties. The partnership has the potential to deliver over 2,000 new purpose-built rental homes across sites 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 JV 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 sites for development follows other successfully completed wider station developments that have been brought forward in major cities.

These sites provide excellent transport connections for future residents and align closely to the partners' strategy of delivering housing that creates long term value and delivers sustainable regeneration.