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Grainger looks undervalued

Grainger, one of Britain's largest residential landlords, still looks undervalued. Its UK portfolio continues to outperform the wider housing market, with an average valuation uplift of 2.8 per cent over the six months to 31 March. That's mainly thanks to a strong and growing bias towards London and the South East, which now account for 62 per cent of its UK properties – up from 53 per cent three years ago.

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By Stephen Wilmot,
17 May 2012

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